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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.

BMW 4-series Convertible (2013) first official pictures

By Ollie Kew First Official Pictures 13 October 2013 20:30 This is the new BMW 4-series Convertible, which goes on UK sale in early 2014 priced from £36,675. Although it's got a new name, the 4-series Convertible deviates little from the recipe of its predecessor, the 3-series Convertible. It's still a two-door, four-seater set-up, and the roof is a three-piece folding hard-top contraption.

One-fourth of U.S. drivers have trouble paying for auto repairs, AAA says

Americans have difficulty paying for costly vehicle repairs and are driving older cars longer, according to a survey released by AAA. One quarter of American drivers said they would be unable to pay for repairs to their vehicle of more than $2,000, and one in eight said they would be unable to pay for repairs of more than $1,000, the survey said. More than half of drivers said they are still driving an older vehicle “because they do not want the financial burden of a new one,” the survey said.