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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.
Kia KV7 Gullwing Concept at Detroit
Fri, 24 Dec 2010The Kia KV7 Concept - will show at the 2011 Detroit Motor Show We’ve got used in recent years to the Koreans - in the guise of Hyundai and Kia – presenting more and more credible concepts which go on to become equally credible production versions. So the news that Kia are taking a new concept to the Detroit Motor Show in January – the Kia KV7 Concept - is something we should probably take quite seriously as a pointer to a new model. The fact that Kia allude to the production versions of cars like the Kia Soul and Kia Sportage being close in style to the concepts that preceded them in their press release on the KV7 also makes it an extremely strong possibility that the KV7 Concept is pointing to a new model from Kia.
Porsche acquires Nardo Test Track as its new playground
Thu, 12 Apr 2012Porsche Nardo Test Track (map from Google Earth) The enormous Nardo Test Track near Lecce, Italy, has been acquired by Porsche as a new testing ground. Top Gear viewers will probably remember the opening episode if the last series of Top Gear (series 18) with the Lamborghini, McLaren and Noble in Italy or, more specifically, in the Lecce region of Italy which nestles in the warmth of Italy’s heel. The Lecce region also houses the Nardo Test Track which is where the boys took their supercars to hammer round the slightly bumpy outer oval seeking top speed.