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Jaguar-Land Rover sold today (2008)

By Tim Pollard Motor Industry 26 March 2008 10:18 Ford has finally sold its Jaguar and Land Rover subsidiaries to Indian manufacturing giant Tata Motors. The Blue Oval announced the widely anticipated sale to the US stock markets and employees this morning, confirming it was paid $2.3 billion (£1.2bn) for the two premium British marques. It has sold them wholesale, rather than keeping a stake as it did with Aston Martin - ending a decade of American ownership.Ford bought Land Rover from the BMW-Rover break-up in 2000, 11 years after it acquired Jaguar.

Toyota teases new 2014 Aygo city car

This is the initial teaser image of the new 2014 Toyota Aygo, set to make its first public appearance at the 2014 Geneva Motor Show next month. The Japanese firm is yet to reveal any details on its new city car, but we do know that it has once again been developed in conjunction with Peugeot and the French firm’s latest 108 compact urban hatchback. On Bing: see pictures of the 2014 Toyota Aygo Find out how much a used Toyota Aygo costs on Auto Trader Just like the previous Aygo, the new car will share its chassis and engine line-up with the latest Peugeot.

Troubled Nurburgring race track finds buyer

Rex The legendary Nurburgring race track in Germany is set to be bought out by a consortium led by private investment group HIG capital, it emerged on Friday. The circuit has been burdened with enormous debts, went into administration in 2012, and has been looking for a new owner since last spring. HIG’s move will hopefully allay fears of car enthusiasts around the world, who visit the historic 13-mile track in droves to test the limits of both their car’s handling and their own skill.