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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.

Drivers believe potholes 'are out of control'

MOST DRIVERS (67%) think the pothole problem in the UK is getting out of control and the government and councils are not doing enough to solve the problem. Research by the Institute of Advanced Motorists (IAM) has found 65% of female drivers and 69% of male drivers are very unhappy with the condition of the UK’s roads. The IAM cites a lack of communication between councils and drivers for this situation as a third (34% ) of drivers believe councils are reducing the amount they spend on road maintenance but 60% of drivers admit they don’t know if budgets are genuinely being cut.

'Project paradise' up for grabs

IT COULD be project paradise for keen car owners this month, when a series of fabulous cars in need of restoration go under the hammer. The Anglia Car Auctions Classic event will take in project cars from across the decades, with one amazing lot more than 100 years old. There are sought-after Alfa Romeos, including a 1978 Alfasud that was raced by former British Touring Car champion Steve Soper and a 1988 Spider, the latter of which has an estimate of just £500.