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Ford offers $1 million in automotive design scholarships

After the passing of William Clay Ford Sr., Ford has announced that they will honor his memory and his contribution to the automobile with the creation of scholarships for automotive design students. William Clay Ford Sr., the last grandson of Henry Ford, died last week at the age of 88. Ford worked at the company that bears his name for 57 years, serving as chairman of the design committee for 32 of those years.

Ferrari 458 Italia – The Video

The Interior of the new Ferrari 458 Italia But yesterday afternoon, shortly after we posted the news of the Ferrari 458 Italia – which originally had just four exterior pictures – we got sent a video of the interior. To be truthful it is almost certainly a rendering with no real car at all, but it is from Ferrari and is close as we’re going to get to the interior –  or anything that moves – this side of the Frankfurt Motor Show in September. At least the video clip has a sound track, and whether or not it’s a real soundtrack from the track and the car – or something Ferrari has generated on their laptops – we don’t really care.

Jaguar Land Rover profits up 34 per cent to £1.5 billion

Just four years after Tata took over what looked like a basket case in Jaguar Land Rover, profits have hit £1.5 billion. It’s become the norm for Jaguar Land Rover to report ever improving profits and sales, but the news that JLR made profits of £1.5 billion in the year to end of March 2012 is still amazing. Ford sold Jaguar and Land Rover to Tata four years ago as it unwound its faltering luxury car brands, and as recently as 2009 JLR were almost begging for government help to keep going.