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Jaguar Land Rover’s Saudi Arabia plans move closer
Tue, 11 Dec 2012Jaguar Land Rover has signed a letter of intent with the government of Saudi Arabia to build and operate a production facility in the Kingdom. When we reported in September that Jaguar Land Rover were contemplating building a production plant next to a new aluminium smelting plant in Saudi Arabia, we thought it was a way off. But it’s not as far away as we thought.
Ferrari North Europe aiming for 1,000 Ferraris at Silverstone in record attempt
Tue, 19 Jun 2012Ferrari North Europe have already had 600 Ferraris register for the record attempt at Silverstone in September on the Ferrari Parade Record. Last month, when we reported that Ferrari Racing Days are back at Silverstone in September, we mentioned that Ferrari North Europe were planning on grabbing back their record for the most Ferraris on parade. Yes, another of those records nobody really knew existed.
Jaguar Land Rover reports record sales and profits for 2012/2013
Thu, 30 May 2013Jaguar Land Rover – record sales, revenue and profits Tata must be thanking their lucky stars they took a punt on Jaguar Land Rover 5 years ago when the rest of the car world thought they were a bit of a lost dog, because it’s now JLR that are the shining star in the Tata group, with Tata motor sales languishing in troubled waters. JLR has reported record figures for the 2012/2013 year, with vehicle sales hitting 374,636 (up 22 per cent), revenue up at £15.8 billion (up 17 per cent) and pre-tax profits at £1.675 billion (up 11 per cent) on the back of continuing success for all models – and especially the Evoque – and the launch of more new models to offer great promise for even better figures in 2013/2014. This models have included the new Range Rover, the Jaguar XF Sportbrake, new 4WD versions of the XJ and XF (although not for the UK) and new engine options too.