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Ford and Toyota gain, Hyundai soars as industry sees strength

Ford Motor Co. and Toyota Motor Corp. posted slight U.S.

British driver breaks speed record for steam-powered car

One of the world's oldest speed records has gone up in smoke--or rather, steam. Charles Burnett III drove a steam car to an average speed of 139.843 mph over two runs in California to beat the 103-year-old record of Fred Marriott. Burnett peaked at 136.103 mph on the first run, then he accelerated to 151.085 mph on the second run less than an hour later.

'Jag-Landy deal in 2 weeks'

By Tim Pollard Motor Industry 06 March 2008 18:50 It was the story that never happened. Rival media reported that the Jaguar/Land Rover sale would be completed at the Geneva Motor Show earlier this week, but CAR Online spoke to executives close to the deal who said it wouldn’t be for another couple of weeks.‘We didn’t want to over-shadow the products at the show, but to be honest the deal just isn’t done yet,’ said our insider. He said the paperwork and epic detail required on a deal of this scale had created new delays – and revealed that the 4-5 March date had been leaked from the unions, not Ford or Tata.