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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.

Happy 80th Birthday, Syd Mead!

Take a poll among car designers to name their greatest influence, and one name is sure to appear at the top of the list: Syd Mead. The car designer, illustrator and futurist has inspired generations of the men and women who shape the cars we drive or admire. Syd has created the designs for the movies Blade Runner and Tron, while the illustrations published in his books such as Oblagon and Sentury (sought-after collector items today) depict the vision of a future dominated by superior technology and aesthetics.

Fornasari Racing Buggy concept

Fornasari, a small independent automaker based in Italy, has recently completed a new 'Racing Buggy' concept, which will be unveiled at the Frankfurt motor show in September. The 2+2-seat concept is a powerful, functional and extreme off-road vehicle with a removable roof and doors. It measures 4350mm long, 2000mm wide, 1720mm high and has a 2750mm wheelbase.