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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.

2015 BMW M4 Convertible debuts: drop-top fun priced from $73,425

The 2015 BMW M4 Convertible made its official debut at the New York auto show yesterday. While the details of the high-octane hardtop didn't exactly catch us off-guard (see our full breakdown here), we now know how much it'll cost to feel the wind in your hair as you launch from 0-60 mph in 4.4 seconds: $73,425, to start. Complete pricing will be available closer to the M4 Convertible's sale date, which is “late summer” 2014, according to BMW.

Chrysler brand aims S line at younger crowd

With just four models and an average customer age of 62, Chrysler brand has the Chrysler Group's thinnest lineup, lowest volume and oldest buyers. But Chrysler has a plan to expand its offerings, boost sales and attract younger customers: a new line of vehicles, dubbed S, that arrives in the spring. The plan aims to keep traditional customers happy with the beige leather interiors, wood accents and chrome grilles they want, and woo younger customers with different styling in the S vehicles.