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Suspension & Steering for Sale
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Tata is leading JLR bidder
Thu, 03 Jan 2008By 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).
2014 Subaru WRX STI revealed – and it’s coming to the UK
Wed, 15 Jan 20142014 Subaru WRX STI revealed – and it’s coming to the UK We learnt last week that the new Subaru WRX STI was heading for a debut at the Detroit Auto Show and it’s now arrived, as has confirmation that the new WRX STI is going on sale in the UK too. Subaru UK has confirmed that because the Yen has weakened there’s now a strong enough case to put the new WRX STI on sale in the UK, and that it will cost less than the original list price of the old model at £28,995. The new WRX STI gets the familiar 2.5 litre four-pot delivering 305bhp and 290lb/ft of torque, sent to all four wheels through a six-speed manual gearbox.
New boss plans VW revolution
Wed, 22 Nov 2006By Georg Kacher Motor Industry 22 November 2006 10:00 The Volkswagen Group is set for a huge shake-up, following the resignation of chairman Bernd Pischetsrieder. Product plans across all seven marques, the group brand strategy, platform sharing and costs will all be reviewed by incoming boss Martin Winterkorn, who clinched the role following Audi's stellar performance under his leadership. CAR Online can reveal that Winterkorn is likely to rip up Pischetsrieder's brand group structure, to improve communication and efficiencies.