Chelsea boss Mourinho takes delivery of F-Type Coupé

CHELSEA Football Club manager José Mourinho has been presented with a brand new Jaguar F-Type R Coupé – by two of the men responsible for building it. Two members of Jaguar's Castle Bromwich manufacturing team, Gary Johnson and Steven Gaut, were invited to present the car to the charismatic Blues boss. Steven Gaut was given the opportunity in recognition of his exemplary contribution at Castle Bromwich, and his tireless support of local charities for whom he has raised over £60,000 in recent years.

Jaguar-Land Rover sold today (2008)

By Tim Pollard Motor Industry 26 March 2008 10:18 Ford has finally sold its Jaguar and Land Rover subsidiaries to Indian manufacturing giant Tata Motors. The Blue Oval announced the widely anticipated sale to the US stock markets and employees this morning, confirming it was paid $2.3 billion (£1.2bn) for the two premium British marques. It has sold them wholesale, rather than keeping a stake as it did with Aston Martin - ending a decade of American ownership.Ford bought Land Rover from the BMW-Rover break-up in 2000, 11 years after it acquired Jaguar.

GM returning to leasing with luxury vehicles

General Motors will return to the leasing business focusing on luxury vehicles, but not on a broader basis, Vice Chairman Bob Lutz said. "We will get back into leasing, but we are not going to use massive subsidized leasing to drive volume because it's volume without profitability," Lutz said July 29 in an interview with Automotive News. "We'd rather sell less at higher profit than sell more at lower profit." Lutz said it still would make sense for GM to do more leasing on its luxury vehicles.