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McLaren on track to launch MP4 in U.S. in '11

McLaren's plan to launch the 200-mph MP4 supercar in the United States and Canada in mid-2011 are on course, says the newly appointed boss of North American operations. Tony Joseph, McLaren's regional director for North America, says rumors that the North American launch of the MP4 is being delayed are untrue. “There is no validity in that story whatsoever,” he says.

Feds look at Toyota electronics as source of accelerator defects

The U.S. Department of Transportation is looking into whether Toyota Motor Corp.'s problems with unintended acceleration can be traced to defects in the electrical controls rather than just the mechanical problems cited by the automaker, a Transportation official said Tuesday. “We're not finished with Toyota and are continuing to review possible defects and monitor the implementation of the recalls,” Transportation Secretary Ray LaHood said in a statement.

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.