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Jaguar-Land Rover officially sold (2008)
Mon, 02 Jun 2008By 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.
Peugeot Design Contest 2008
Thu, 09 Oct 2008Carlos Arturo Torres Tovar from Colombia was last week announced as the winner of the 5th annual Peugeot Design Contest at the 2008 Mondial de l'Automobile in Paris. The 25 year old designer's winning 'RD' concept was chosen via an online internet poll and a competition jury headed by Peugeot's Managing Director, Jean Philippe Collin. This year's contest asked designers to "Imagine the Peugeot in the worldwide megalopolis of tomorrow" and to then design a car that could evolve with the cities of the future, while retaining the key values of the 21st century.
GT supercar designer leaving Ford
Thu, 15 Jan 2009Designer Camilo Pardo, credited with drawing the Ford GT supercar, is leaving the automaker after a 24-year career with the company. Pardo, 45, confirmed to AutoWeek that he is leaving Ford, but he declined to give details. He said final details of his departure have yet to be worked out.