1972 Chevelle Tail Light Lenses on 2040-parts.com

Ferrari sold for record £22 million

A RARE FERRARI has been sold at auction for a record price of £22.84 million. One of just 39 models made and regarded as one of the greatest Ferraris, the 1962 Ferrari 250 GTO Berlinetta went under the hammer at Bonhams' auction in Carmel, California. A huge crowd watching the bidding broke into applause at the confirmation of the final price, which outdid the previous record for a car sold at auction.

Tata is leading JLR bidder

By Ben Pulman Motor Industry 03 January 2008 13:16 Ford looks set to sell Jaguar/Land Rover (JLR) to Tata. In a statement to JLR workers today, Ford of Europe chairman Lewis Booth said: ‘Ford is committed to focused negotiations at a more detailed level with Tata Motors concerning the potential sale of the combined Jaguar Land Rover business.’ This is the first time that Ford has publicly revealed the identity of any bidder for JLR.   JLR has been up for sale since June 2007, and other potential bidders include rival Indian vehicle maker Mahindra Group and private finance group One Equity fronted by former Ford CEO Jac Nasser. Tata itself already owns a few famous names, including Tetley Tea and Corus (formerly British Steel).

U.S. proposes new labels for fuel economy, emissions levels

Consumers shopping for a new car would be able to compare fuel economy and emissions levels across all types of vehicles by looking at revised labels on window stickers under an Obama administration proposal made Monday. Government regulators are seeking public comment on changes to fuel-economy labels that would allow comparisons across electric vehicles, plug-in hybrid electric vehicles, and conventional gasoline and diesel vehicles. The U.S.