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Jaguar/Land Rover sell-off latest (2007)

By Tim Pollard Motor Industry 12 June 2007 07:36 Ford has appointed Goldman Sachs, Morgan Stanley and HSBC to investigate selling its British premium brands Jaguar and Land Rover. The move effectively signals the end of the Blue Oval's PAG division. Officials have refused to confirm or deny the sale, but have outlined to MPs the deal which will spin off Jaguar and Land Rover, but retain Volvo in the Ford family.

Jalopnik and Drive host 'Livesketching with J Mays'

Ford's Chief Creative Officer, J. Mays is the subject of a 'Livesketching' interactive video, co-hosted by Drive on YouTube and Jalopnik. The Q&A, presented by designer Jason Torchinsky (himself no slouch with a Sharpie and a flip chart), gave the rare opportunity to quiz the creator of the Audi Avus concept, modern VW Beetle and Mustang and one of the major influencers behind Ford's design strategy.

FBI hunts £1.8m eBay car fraudster

The Federal Bureau of Investigation (FBI) in the USA has issued a wanted poster for Nicolae Popescu, a Romanian man they suspect of leading a “sophisticated internet fraud scheme where criminal conspirators, posted advertisements on internet auction sites for merchandise for sale”. The scam – predominantly carried out using eBay Motors – convinced would-be buyers to part with money for cars that didn’t exist. On Bing: see pictures of car fraud 15 car-selling scams every car buyer should know about The conspirators posed as eBay sellers and then sent fraudulent invoices, that appeared to be from legitimate online payment services, with instructions for payment to bank accounts held in the United States.