Senate passes cash-for-clunkers extension

The Senate added $2 billion to "cash for clunkers" on Thursday, ending a week of suspense about whether the popular new program would have to shut down for lack of funds. The bill, identical to the one that passed the House last week, now goes to President Barack Obama for his signature. The administration has pushed hard for the new funding.

Rare barn finds on sale: Jaguar E-Type and XK120 head to auction

The motoring world remains full of surprises – here we have a pair of classic Jaguars that had apparently been all but forgotten until they were pulled out of their respective hiding places earlier this year. The blue car is an early E-Type, the silver car an early steel-bodied XK120, both are heading to auction with Coys in the Ascot Sale on 26 October 2013. Please click the image above to read the rest of this story...

Jaguar Land Rover reports record sales and profits for 2012/2013

Jaguar 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.