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Jeep Cherokee now on sale – UK Jeep sales set to double

The new Jeep Cherokee (above) is now on sale in the UK Jeep may have the sort of SUV, off-road credibility as Land Rover, but they’ve failed miserably to make the most of that in recent years, particularly on this side of the Pond. But things are changing for Jeep, and the arrival of the new Jeep Cherokee – with it’s contentious, but individual, looks – promises to give Jeep a real shot in the arm in its quest to rebuild sales in the UK. With a choice of two diesel engines – 140 hp and 170 hp versions of the 2.0 litre diesel – a choice of four trim levels - Longitude, Longitude+, Limited and Trailhawk – and a 3.2 litre petrol engine for the hardcore Trailhawk version (available from the end of 2014), Jeep has a strong offering.

Lexus sales rising strongly in Europe – up 33 per cent in Western Europe

The new Lexus IS (pictured) is leading Lexus’s sales growth in europe There’s lots to like about the Lexus range (even if we would like to see proper gearboxes proliferate), and it seems buyers across Europe are getting more and more enamoured of Toyota’s luxury brand. Lexus are reporting soaring sales in Europe so far in 2014, with sales up by 25.4 per cent over the same period in 2013 (and by 33 per cent in Western Europe) and the Lexus IS leading the way. Lexus IS sales were up to 6,923, followed by the Lexus RX SUV and the compact Lexus CT, with even the massively expensive Lexus LS chipping in 265 sales in the first six months of the year.

Lamborghini reports drop in profits

Lamborghini has announced a pre-tax loss of £32m for 2009 as the world recession led to a slump in supercar sales. Lambo delivered 1515 supercars last year, down 38% from 2008's 2430.  Turnover dropped 41% to £215m. It's a far cry from the dizzy heights of the boom years.