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.

Unbelievable SSC Ultimate Aero EV

Prius was an easy way out for celebs who didn’t want their ‘Public’ to think them flash Jacks, but they always had a Cayenne Turbo or a Lamborghini LP640 tucked away in the garage. But the rise of cars like the Tesla, despite its drawbacks, has pushed the maker of the world’s fastest production car, the Ultimate Aero SSC, to look at ways to keep their clientèle happy in these changing times. SSC must feel there is a danger their market may disappear if truly powerful and appealing cars appear that are perceived as green and start to take over the marketplace.

Toyota will install brake override systems to prevent runaway vehicles

Toyota will install brake override systems on all Toyota, Lexus and Scion vehicles by year end as a way to prevent unintended acceleration. The new system will be put in all vehicles globally, said Yoshi Inaba, president of Toyota North America Inc., in an interview at the Detroit auto show on Monday. The initiative follows a recall last fall of 3.8 million Toyota and Lexus vehicles in the United States to correct the problem.