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• Davies Magnet Group's businesses have been bought following the
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company's collapse (CM 16-22 February). Davies Magnet's fifth-wheel assets have been snapped up by Cheltenhambased M L Douglas Equipment: the assets and rights to produce electric vehicles under the names of HarbiIt and FMW have gone to Electricars of Atherstone.
• The Government has rejected the idea of a watchdog to protect passengers' interests after the privatisation of the Scottish Bus Group, but says it is examining ways to discourage asset-stripping.
• Local authorities may be forced to sell off their bus companies to the private sector, says Transport Minister Michael Portillo.
• The DTp is failing to meet its targets to reduce the road-repair backlog, says the National Audit Office, and traffic jams will grow as the Department faces new cash shortages. Transport Secretary Paul Channon's plan to clear the backlog by 1992 has been put back by at least a year.
• NFC boss Sir Peter Thompson has sold a small quantity of his shares following the public launch of the company earlier this month. The sale netted Sir Peter around 214,900 and his stake is estimated to be well over 23 million.
• Plans to double Severn Bridge HGV tolls from 21 to £2, to pay off £100 million construction debts were attacked this week at a public inquiry in Thornbury by the Freight Transport Association, the RAC, and AA.
• Mercedes-Benz is "unlikely" to attend the Scottish Motor Show in November. Scania and SeddonAtkinson have already pulled out of the event.
• BAA (formerly the British Airports Authority) is to be investigated by the Office of Fair Trading over plans to charge buses and coaches up to each time they go to Heathrow or Gatwick.