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Tata is leading JLR bidder

By 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).

Aptera hits a speed bump

While the streamlined, electric two-seat Aptera 2e may be one of the most efficient cars ever designed, the process of getting it to market is becoming a little less efficient. Original plans had the 2e going on sale this year, but the company said on Wednesday that the car will be available to consumers starting in 2010. No specific date was set.

Groupon vouchers for cars? No

The Groupon juggernaut rolled into auto retailing last week, and dealers around the nation watched intently to see whether the online coupon phenomenon could drive herds of shoppers into showrooms. So far, no. Only four consumers agreed to pay $200 for a $500 discount voucher on a new-vehicle purchase at LaFontaine Buick-GMC-Cadillac in Highland, Mich.