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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.

Nissan LEAF EV does 367mpg!

Nissan are claiming their LEAF will do 367mpg, in response to the claim that the Chevy Volt will do 230mpg! As we said, it’s all pretty meaningless. Like comparing apples and oranges.

2014 Audi R8 to drop manual gearbox

2014 Audi R8 to lose manual gearbox It’s reported that the new Audi R8 – due in 2104 after a facelift in 2012 – will lose the manual gearbox option. It’s at least two years before the next generation Audi R8 arrives in 2014, but if reports from CAR are right then Audi’s next sporting flagship will do without a manual gearbox altogether. With all that’s on offer in the current R8 apart from the manual ‘box being the rather poor R-Tronic ‘box, that may seem like a recipe for sales disaster for the R8.