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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.

Subaru Impreza WRX Turbo at 1994 prices

More on the ‘Recession-Busting’ deals that abound from car makers at the moment. Subaru has come up with a deal for the Impreza WRX Turbo where you can have the car for the same price as the 1994 equivalent – just £17,798. Which in itself is an interesting figure and shows that cars, or certainly the Impreza in this case, have got cheaper in real terms.

Mitsubishi Concept-RA (2008): first official pictures

By Tim Pollard First Official Pictures 14 January 2008 00:59 Mitsubishi picked an elegant way to signal its intention to sell more diesel models in the US; its Concept-RA unveiled today in Detroit is a slinky two-seater coupe that's more likely to turn heads for its sharp looks than its 2.2-litre turbodiesel. It also points to the new Eclipse, which could come to Europe next time round. The sports car is one of the best-looking concepts shown by Mitsubishi for ages, its bright red paintwork contrasted by matt black finish on certain functional body parts, including the top of the engine which actually forms part of the bonnet.