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Jaguar-Land Rover officially sold (2008)

By Ben Pulman Motor Industry 02 June 2008 15:37 Jaguar and Land Rover are now officially Indian-owned. The sale of the two iconic British brands was completed today, and ownership has now passed from Ford to Tata in exchange for $2.3bn in cash (£1.17bn). The sale means Jag/LR is debt-free, with none of the money used to fund the purchase being offset against the pair’s worth.

2012 BMW 3-series: The new features that matter

Those who covet the BMW 3-series probably don't need a lot of reason to buy a new one--other than that there's a fresh model for 2012. But after a splashy reveal on Friday in Munich, Bimmerphiles and mainstream consumers alike have reason to consider the 2012 BMW 3-series for both practical and enthusiast-oriented pursuits. Here's why: The sixth-generation BMW 3-series is fitted with a host of the latest technologies both underhood and underskin, which make the 3-series more relevant for the times yet true to its heritage.

F1 boss denies 'corrupt bargain'

MOTORSPORT TYCOON Bernie Ecclestone has appeared at a High Court trial to defend himself against allegations that he made a "corrupt bargain" in a bid to stay at the top of Formula 1 racing. Mr Ecclestone has been accused of entering into a "corrupt agreement" with a banker to facilitate the sale of the Formula 1 group to a buyer "chosen" by him, A German media company says it lost out as a result of the deal and has taken legal action against Mr Ecclestone - chief executive of the Formula 1 group. Mr Ecclestone says Constantin Medien's claim "lacks any merit" and denies any "conspiracy".