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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.

Peugeot Quartz

In addition to a Europe-specific version of the Exalt concept, Peugeot will reveal a new show car in Paris. Called the Quartz, it follows themes established by the Onyx, shown in Paris two years ago, and the Exalt, which debuted in Beijing earlier this year. At 4,500mm long and 2,060mm wide, the Quartz is the smallest of the three, and, more obviously, switches coupé for crossover aesthetics.

Megane Renaultsport 275 Trophy revealed

Meet the hottest Renaultsport Megane ever – the Megane Renaultsport 275 Trophy, which Renault hopes will eat the SEAT Leon Cupra for breakfast around the infamous Nurburgring test track. Packing, you guessed it, 275hp, the 275 Trophy has an extra 10hp over the standard Megane Renaultsport. Exact performance figures are still to be confirmed but Renault tells us the Trophy will return 37.7mpg, with peak power from its twin-turbocharged engine coming at 5,500rpm.