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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.

Is this the new Mazda RX-7?

Word on the street has Mazda resurrecting the Mazda RX-7, this time as an agile, lightweight, two-seat coupe with a next-gen 250-hp rotary engine. The company penciled in a 2015-16 launch date. The price will hover around $30,000—cheaper than a Porsche Cayman, more expensive than a Scion FR-S/Subaru BRZ.

New Jaguar XJ – the Teaser Video

Top view teaser shot of the new Jaguar XJ - and a teaser video below There really is nothing very new from Jaguar with this release, save to confirm a number of details on the new Jaguar XJ which you will already be aware of if you read here regularly. But Mike O’Driscoll  (MD of Jaguar Cars), speaking at the Shanghai Motor Show this morning, confirmed what we’ve already told you – that the new XJ will be revealed in full on 9th July. The new Jaguar XJ will come with all the Gen III engines in the JLR tool box.