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Countach Sets Record Auction Price

A 1982 Lamborghini Countach was the highlight at a recent historics auction at the famous Brooklands Museum. The Countach was clearly the sale star, soaring to nearly three times its reserve price and settling at what is believed to be a UK auction record for this model, at £337,120 including commission and tax. The auction hall was treated to a struggle between bidders for ownership of the 8,500 mile car, which has been in professional storage for the last 23 years.

'Jag-Landy deal in 2 weeks'

By Tim Pollard Motor Industry 06 March 2008 18:50 It was the story that never happened. Rival media reported that the Jaguar/Land Rover sale would be completed at the Geneva Motor Show earlier this week, but CAR Online spoke to executives close to the deal who said it wouldn’t be for another couple of weeks.‘We didn’t want to over-shadow the products at the show, but to be honest the deal just isn’t done yet,’ said our insider. He said the paperwork and epic detail required on a deal of this scale had created new delays – and revealed that the 4-5 March date had been leaked from the unions, not Ford or Tata.

BMW to invest £500 million in UK MINI production

David Cameron welcomes BMW's £500 million investment in the UK What’s going on? Two days on the trot we get good news about the UK economy. Yesterday we reported that Nissan are to invest £192 million to design and build the next generation Qashqai in the UK, and today comes confirmation from BMW that they will be spending £500 million over the next three years in the UK as they gear up for the next generation MINI.