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Bristol Cars put into bankruptcy protection
Thu, 03 Mar 2011U.K. carmaker Bristol Cars was placed into administration on Thursday, the British equivalent of bankruptcy. Officials now running the company said several people were laid off but that it was keeping the sales and service operations open.
Jaguar-Land Rover officially sold (2008)
Mon, 02 Jun 2008By Ben Pulman Motor Industry 02 June 2008 15:37 Jaguar and Land Rover are now officially Indian-owned. The sale of the two iconic British brands was completed today, and ownership has now passed from Ford to Tata in exchange for $2.3bn in cash (£1.17bn). The sale means Jag/LR is debt-free, with none of the money used to fund the purchase being offset against the pair’s worth.
Gordon Murray launches car company
Thu, 05 Jul 2007By Ben Oliver Motor Industry 05 July 2007 08:11 Gordon Murray has launched his own car company. Forget million-pound price tags; his first effort will be a radical new small car so frugal you’ll recoup its £5000 cost in four years of ownership. Gordon Murray Design describes it as 'a new class of vehicle.