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Jaguar Land Rover: Tata to double annual investment to £1.5 billion
Wed, 22 Feb 2012Tata to double investment in JLR Tata Motors has revealed that it plans to double annual investment in Jaguar Land Rover (JLR) to £1.5 billion. Just last week we reported that Tata Motors’ profits in the last quarter had been driven very much by the resurgence at Jaguar Land Rover, with JLR profits soaring while Tata Motors domestic profits declined. And it looks like Tata are keen to keep that momentum going with the announcement that they are to double annual investment in Jaguar Land Rover to £1.5 billion.
Tesla to work with others, Roadster priced at £92k
Tue, 19 Aug 2008By Ben Oliver Motor Industry 19 August 2008 09:21 Tesla has confirmed that it is working with several major car makers to develop affordable, fully-electric city cars, with the first going on sale as early as 2010. The established car makers will use the experience Tesla has gained developing the high-performance, £92,000 Roadster as a short cut to getting their own electric cars on sale. 'Smaller Teslas in the pipeline' Tesla plans to have its Model S five-seat electric hatchback on sale by 2010 in both the United States and Europe.
Lancia Musa and Delta plans
Fri, 14 Sep 2007By Guy Bird Motor Shows 14 September 2007 09:55 Why should I care about Lancia – or its revised Musa? Because Lancia is returning to the UK in autumn 2008 after what will be a 14-year absence. You might care a little less about the Fiat Idea-derived supermini-MPV Musa shown at Frankfurt – as it’s only a revised model and this version won’t be making its way to these shores.