Jaguar Land Rover: Tata to double annual investment to £1.5 billion

Tata to double investment in JLR Tata Motors has revealed that it plans to double annual investment in Jaguar Land Rover (JLR) to £1.5 billion. Just last week we reported that Tata Motors’ profits in the last quarter had been driven very much by the resurgence at Jaguar Land Rover, with JLR profits soaring while Tata Motors domestic profits declined. And it looks like Tata are keen to keep that momentum going with the announcement that they are to double annual investment in Jaguar Land Rover to £1.5 billion.

Regent Street Motor Show to return for 2014

THE REGENT Street Motor Show is set to return to the streets of the capital this November, after organisers confirmed a date for the ultra-successful event. After the huge success of last year’s Show, once again the world-famous West End shopping street will be closed to traffic for what is now firmly established as the UK’s largest free-to-view motor show. In 2013, the traffic-free zone was extended to stretch from Piccadilly Circus right up to Oxford Circus for the very first time.

Lotus, Toyota celebrate engine deal

Lotus CEO Dany Bahar presented Toyota president Akio Toyoda with a Lotus Elise this week at the British Embassy in Tokyo, celebrating the companies' long partnership. The Elise was equipped with Toyota's last 2ZZ-GE VVTL-i engine, the same engine found in older versions of the Lotus Elise and Exige. “The presentation of Toyota's last 2ZZ engine in the Elise is a symbolic gesture of our continued respect and deep appreciation for our partner not only acknowledging our past, but also looking forward to our future together,” Bahar said in a statement.