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Jaguar Land Rover factory closure

Jaguar Land Rover are to close one of their production facilities in the Midlands JLR unions have already brokered a deal to ensure no job losses in the short term, but JLR are committed to rationalising their manufacturing across just two plants in the UK, instead of the existing three. The decision will be made about which plant to close in the next eighteen months. The most likely scenario is that JLR will close Solihull – which currently produces Land Rovers and employs 5000 people – and concentrate Land Rover production at Halewood.

UPDATED: Aston Martin sold

By Phil McNamara Motor Industry 12 March 2007 09:38 Aston Martin is today under new owners, following the sale of Britain’s premier sports car company to an investment consortium. After 20 years of ownership, Ford divested itself of the brand, its facilities and its products, in a deal valuing Aston at £479m.   The new owner is a consortium led by David Richards, boss of automotive consultancy Prodrive, who helped to unite two private investment companies from Kuwait. Adeem Investment, which already owns the Grosvenor House Hotel in London, has a portfolio worth $1.5 bn.

One in five suffers 'car envy'

DRIVERS in the UK are more likely to give way to classic or unusual cars such as a Citroen 2CV or Volkswagen Beetle, but one in five also admits they are less likely to be courteous to large 4x4s due to car envy, according to a survey. Nearly a half (47%) of UK motorists say they leave more space between their car and the one in front if the car ahead is driven by an elderly driver. Others (5%) admit to trying to slow down boy racers if they see the driver is wearing a baseball cap and is a young male.