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Jaguar/Land Rover sale 'deadline set for July 2007'

By Jamie Butler Motor Industry 09 July 2007 11:28 Potential buyers circling Jaguar and Land Rover have until 19 July to table a bid, it was revealed at the weekend. Ford is preparing to sell both luxury car makers together, although it may consider bids to buy them separately. It is thought that the most likely buyers are private equity investors, as several car manufacturers have already publicly declined the offer to buy the historic brands.

GM to auction 'Cooksey' Corvette Z06 to benefit Haiti relief efforts

General Motors will donate the proceeds from the sale of a limited-edition Chevrolet Corvette 427 Z06 that is crossing the auction block this weekend to help fund relief efforts in Haiti. GM design boss Ed Welburn will introduce the car at the Barrett-Jackson auction on Saturday in Scottsdale, Ariz. The automaker will donate the money from the sale to the American Red Cross to fund its work in earthquake-devastated Haiti.

Nissan Extrem concept

Nissan has unveiled its Extrem concept at the Sao Paolo motor show, a two-door 2+2 crossover that previews future Nissan design cues. The Extrem concept was designed at Nissan Design Center (NDA) in San Diego, California, in collaboration with Brazilian designers but much of the creative time was spent in Sao Paolo. "We call it Baby Beast," said Robert Bauer, Senior Design Manager for the project at NDA.