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Tata is leading JLR bidder
Thu, 03 Jan 2008By 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).
Volkswagen contest offers fans a trip to Germany
Fri, 13 Apr 2012Volkswagen launched the Golf R Ultimate Fan Experience Sweepstakes on Friday—but, no, you can't win a Golf R. Instead, Volkswagen will take the winner and a friend to Germany in September 2012. Guests will get a seven-day, six-night stay, including a visit to Wolfsburg to tour the Autostadt and the Volkswagen AG headquarters.
BMW 3-series (2012) goes all-wheel drive
Fri, 22 Jun 2012BMW's latest 3-series model is gaining all-wheel drive in an effort to win over buyers otherwise seduced by Audi's Quattro drive. The option is part of a wider extension of the BMW 3-series range, which will include a hybrid, and the ever-popular M Sport trim design. Is rear-wheel drive dead at BMW?