Tata is leading JLR bidder

By Ben Pulman Motor Industry 03 January 2008 13:16 Ford looks set to sell Jaguar/Land Rover (JLR) to Tata. In a statement to JLR workers today, Ford of Europe chairman Lewis Booth said: ‘Ford is committed to focused negotiations at a more detailed level with Tata Motors concerning the potential sale of the combined Jaguar Land Rover business.’ This is the first time that Ford has publicly revealed the identity of any bidder for JLR.   JLR has been up for sale since June 2007, and other potential bidders include rival Indian vehicle maker Mahindra Group and private finance group One Equity fronted by former Ford CEO Jac Nasser. Tata itself already owns a few famous names, including Tetley Tea and Corus (formerly British Steel).

BMW M Performance Editions (2012) official pics, pricing

BMW has announced prices for its M Performance limited-run editions of the M3 coupe and M5 supersaloon. Brace yourself: both command around a £20,000 premium over the standard versions. The M3 comes in at £74,080, and the M5 is £95,140.

Lamborghini Aventador LP700-4 goes apocalyptic in new video

If you're a fan of AutoWeek's Best in Show-winning Lamborghini Aventador LP700-4--and if you're here, we know you are--check out the brand-new video below. It shows the Aventador outracing the apocalypse in a stylized clip complete with gaping sinkholes opening up, rock spires shooting through the ground and an ominous fog rolling in to swallow up the raging bull. All of which, of course, fail to silence the red Lambo.