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Jaguar/Land Rover sell-off latest (2007)
Tue, 12 Jun 2007By Tim Pollard Motor Industry 12 June 2007 07:36 Ford has appointed Goldman Sachs, Morgan Stanley and HSBC to investigate selling its British premium brands Jaguar and Land Rover. The move effectively signals the end of the Blue Oval's PAG division. Officials have refused to confirm or deny the sale, but have outlined to MPs the deal which will spin off Jaguar and Land Rover, but retain Volvo in the Ford family.
De Tomaso Deauville: The De Tomaso formerly known as SLC. And SLS
Wed, 02 Mar 2011The new De Tomaso has a name - De Tomaso Deauville So the De Tomaso formerly known as the De Tomaso SLC, and then dubbed the De Tomaso SLS by its octegenarion saviour now has a proper De Tomaso-style name – the De Tomaso Deauville. Which is all fine and dandy – and sounds a lot better than naming the new Tomato* after past and present Mercedes – but seems an odd name to give a cumbersome crossover come SUV come BMW GT wanabee. Why odd, you ask?
Toyota paid $10 million to settle unintended acceleration lawsuit
Fri, 24 Dec 2010Toyota Motor Corp. agreed to pay $10 million to settle a lawsuit with the families of four people who were killed in an accident that led to the automaker’s recall of millions of vehicles over unintended acceleration concerns. The settlement was reached in September, but the amount was not made public at the time after both Toyota and the plaintiffs agreed to keep the deal confidential.