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McLaren MP4-12C: The build begins +video

First McLaren MP4-12C being built You could be forgiven for thinking that McLaren had already started building their Ferrari 458 challenging car – the McLaren MP4-12C. After all, it’s been turning up all over the place for at least a year, and we even had a good view of the Volcano Orange MP4-12C from Goodwood as it passed us en-route to strut its stuff up the Goodwood Hillclimb last year. But the cars we’ve seen so far – even the Volcano Orange MP4-12C from Goodwood – were prototypes; McLaren’s running test beds for tweaking and refining the MP4-12C before the first cars reach customers this year.

Geely to enter to US market with help from Volvo

Geely Automobile Holdings told reporters in Hong Kong on Aug. 23 that it plans to start exporting cars to the United States with help from Volvo. Geely is hoping the Swedish company’s reputation will help it succeed in new markets after the firm stumbled on its first trip to the States at the Detroit auto show in 2006.

Jaguar-Land Rover officially sold (2008)

By 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.