BRITISH ENGINEERING FIRM Ricardo has announced that it will collaborate with Weifang Shengrui Power Machinery Technology on the development of an advanced eight-speed automatic gearbox.

The Ricardo-Shengrui deal will result in a gearbox that will have more ratios than any other Chinese-made transmission, but will also - its makers claim - rival some of the world’s [...]

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It’s been a while since we heard from MG, the iconic British automaker that all-but disappeared after being kicked to the kerb by former sugar-daddy BMW, only to be resuscitated by its new Chinese parent, Nanjing Automobile.

Now with a new lease on life, MG is set to debut an all-new hatchback based on China’s Roewe [...]

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