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Jaguar Land Rover made £1 billion last year
Thu, 26 May 2011The 2012 Jaguar XF & 2012 Range Rover Evoque - JLR's latest models Who’d have believed it just a year or two ago? Jaguar Land Rover has reported a turnover for the year to the end of March 2011 of £9.9 billion and has made a profit (after tax) of £1.04 billion – almost £3 million a day. From proffering the begging bowl in the direction of a short-sighted Labour government in 2009 – and getting nothing without untenable conditions attached - and making plans to close one of its three UK plants, JLR’s renaissance has been astonishing.
Bentley Hunaudières: The Bentley that became a Bugatti
Sun, 29 Apr 2012Bentley Hunaudieres Now seemingly forgotten, the Bentley Hunaudières Concept car from the 1999 Geneva Motor Show was the forerunner to the Bugatti Veyron. At the end of the 1990s Volkswagen embarked on a buying frenzy that would see them become makers of some of the world’s most desirable cars, acquiring Bentley, Bugatti and Lamborghini in the space of a few months in 1998. But even though VW had bought Bentley and Bugatti it seems they weren’t entirely sure at first where they would take their new marques, and at the 1999 Geneva Motor Show they revealed a W16 hypercar.
Ultra rare Ferrari 250 TR up for auction
Sat, 07 Feb 2009Ferrari 250 TR – Expected to sell for a world record price when it is sold by RM Auctions Classic cars is a fascinating game. At the bottom end there’s a huge range of cars from the ’60s and ’70s that can now be considered classics, and which can offer a whole heap of fun and thrills on a budget, particularly if you don’t mind getting your hands dirty. But at the top end it’s a whole different game, and prices are not in thousands of pounds, but millions.