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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.

Ford caps orders on '11 Shelby Mustang GT500

Time is running out to get a 2011 Ford Shelby Mustang GT500. More than 3,300 orders have been placed for the instant icon--arguably the best ‘Stang ever--and Ford is capping orders for this model year at 5,500. Do the math: That means 2,200 or fewer remain.

Toyota teases new Corolla. Yay.

Remember when Toyotas used to be weird? Sure, they've been doing some marginal experimentation lately, bringing us one half of the Febreze twins and making the Lexus GS a legit good driver's car. But oh, when will they cast the mantle of staid sturdiness fully into the wind?