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Walnut, California, US
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Lexus to unveil new concept at Detroit 2012
Tue, 20 Dec 2011Lexus has released a second teaser shot of its new concept car, set to be unveiled at next month’s Detroit auto show. This glimpse inside the Lexus sports car reveals an elegant cabin; we assume the photograph has been cropped to show just one front seat and it is in fact a two-seater. All will be revealed at the NAIAS in January 2012.
Future products: Ownership change may revive 2 small Porsches
Wed, 22 Sep 2010Now that it's owned by Volkswagen, Porsche reportedly is planning two small vehicles that the German sports car maker's previous management had nixed. Porsche is expected to increase the size of its Boxster roadster, leaving room at the bottom of the range for a smaller midengine car engineered jointly with Volkswagen. A small SUV also is likely to be added.
Jaguar Land Rover sales drive Tata Motors’ profit
Tue, 14 Feb 2012JLR strong sales drive Tata Motors profits Jaguar Land Rover sales rose 41 per cent in the last quarter to £3.75 billion with profits of £440 million, propping up Tata’s domestic decline. When Tata bought Jaguar Land Rover from Ford back in 2008 for $2.3 billion it offered promise for the future, but most analysts thought Tata had made a big mistake buying JLR for so much, just as the world economy started to slip ion to the near depression we’re still fighting. But the analysts were wrong.