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Tata is leading JLR bidder

By Ben Pulman Motor Industry 03 January 2008 13:16 Ford looks set to sell Jaguar/Land Rover (JLR) to Tata. In a statement to JLR workers today, Ford of Europe chairman Lewis Booth said: ‘Ford is committed to focused negotiations at a more detailed level with Tata Motors concerning the potential sale of the combined Jaguar Land Rover business.’ This is the first time that Ford has publicly revealed the identity of any bidder for JLR.   JLR has been up for sale since June 2007, and other potential bidders include rival Indian vehicle maker Mahindra Group and private finance group One Equity fronted by former Ford CEO Jac Nasser. Tata itself already owns a few famous names, including Tetley Tea and Corus (formerly British Steel).

'We just did it': The story of the Viper

With the public debut of the 2013 SRT Viper scheduled for the New York auto show, we've scoured the Autoweek archives to bring you some classic Viper stories from our past. For exclusive Viper Week content including the latest news as it happens, check out Autoweek.com/viperweek By Robert A. Lutz, originally published in Autoweek 10/5/98 The most famous Chrysler turnaround, the one fueled by the invention of the minivan and the K-car and supported by government loan guarantees, was followed by a second, less-celebrated escape from the brink of disaster.

Volkswagen to take over Porsche

VW now seem set to take control of Porsche Porsche need a way out of the hole they are in and VW is the best way out. The two warring side of the Piech family – owners of VW and Porsche – now appear ready to swallow hard and see the inevitable happen. But will it be so bad?