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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.

Volvo’s self-parking car will park your Volvo for you

Volvo’s self-parking car will do parking for you It’s rapidly getting to the point where drivers will need to do little more than be in the car to ‘drive’ it, with technology taking away control of tasks like parking. But a new technology from Volvo means you don’t even need to be in the car to park it. Volvo has been working on an autonomous parking that uses Vehicle 2 Infrastructure technology – which is basically sensors built in to the road – where the sensors guide the car to a vacant space.

McLaren F1 driver finds himself in hot seat

The McLaren F1 is one hot supercar--literally, in the case of one of the 106 built. A McLaren was being driven in Santa Rosa, Calif., on Monday afternoon when the engine compartment caught fire. The car's owner, identified by the Santa Rosa Press Democrat as Irv Kessler, was driving.