Mikuni Round Body 36 Mm Carborator W/k&n Filter on 2040-parts.com

Jaguar gets a helping hand

It has been reported this morning that Gordon Brown and Alistair Darling have agreed to dip in to tax payers funds to help Tata, the owners of Jaguar and Land Rover. Along with most other car makers in the world, Jaguar and Land Rover has been hit hard by the current economic blight. But it seems that Tata has been hit by more grief than most.

Ford reaches agreement to sell Volvo to Geely for $1.8 billion

Ford has reached an agreement to sell its Swedish brand Volvo to Chinese carmaker Geely for about $1.8 billion in a multinational sale expected to close in the third quarter of this year. The pending agreement was announced on Sunday morning, and Ford will continue to supply powertrains, stamping and other parts to Volvo after the sale. If it closes, the landmark deal delivers the premium Volvo brand--long a benchmark for automotive safety--to a Chinese firm that has ambitious plans for growth.

New Images: Subaru Hybrid Tourer

Subaru has released additional images of its Hybrid Tourer concept, which the company will reveal at the 2009 Tokyo Motor Show next week. The environmentally friendly design study is claimed to be a grand touring car with enhanced performance and safety attributes. Click on the link below to see our previous news story, and be sure to check out our forthcoming highlight articles on this and all the other concept cars being unveiled at the show.