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Jaguar Land Rover made £1 billion last year

The 2012 Jaguar XF & 2012 Range Rover Evoque - JLR's latest models Who’d have believed it just a year or two ago? Jaguar Land Rover has reported a turnover for the year to the end of March 2011 of £9.9 billion and has made a profit (after tax) of £1.04 billion – almost £3 million a day. From proffering the begging bowl in the direction of a short-sighted Labour government in 2009 – and getting nothing without untenable conditions attached - and making plans to close one of its three UK plants, JLR’s renaissance has been astonishing.

A Fine Time To Be A Motorist

ALREADY cash-strapped motorists are paying millions of pounds for minor infringements after a record number of fines were issued, according to claims made by a national newspaper. The Daily Mail said that drivers are paying out £135 million a year after being caught on camera blocking box junctions or straying into bus lanes. Some 1.32 million fines were issued for minor offences in 2011/12, the newspaper said, a record number and a rise of 16% on the previous year.

First Fisker Karma in the UK auctioned for £140k

First Fisker Karma in the UK auctioned for charity The extended range Fisker Karma arrived at last year’s Paris motor show, and now the very first Karma to arrive in the UK has been auctioned in aid of charity and raised a bid of £140,000 at the Pratham UK Gala held at Camden’s Roundhouse. The altruism demonstrated by offering appealing cars for charity auctions is to be commended, especially from a young - and relatively impoverished - outfit like Henrik Fisker’s eponymous company. Yes, there’s a bit of publicity to be garnered for the Karma, but good on Henrik for offering up the first Karma to charity.