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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.

Guzzler program still operating; White House searches for funds

The federal cash-for-guzzlers program continues to operate this morning despite dealer reports that it was to be suspended at midnight last night because it was approaching its $1 billion limit. "It is not suspended," a White House spokeswoman, who asked not to be named, said in an interview today. "We continue to assess the program and its budget." National Automobile Dealers Association spokesman Bailey Wood said Thursday that the group had been told by Transportation Department officials of plans to suspend the program after just six days.

Mini factory celebrates its 100th birthday

A bastion of the British car-building industry, Mini’s ‘Plant Oxford’ in Cowley, Oxford celebrates 100 years of building cars today (28 March 2013). Currently responsible for producing the second-gen BMW Mini range, Plant Oxford has been the birthplace more than just trendy city cars: it’s stamped out over 11.5 million cars since 1913, including legend like the Morris Minor and Frogeye Sprite, and clunkers like the Morris Marina. It also contributed to the war effort by repairing damaged RAF fighter aircraft during the Second World War.