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Jaguar Land Rover reveals huge profits growth

Jaguar Land Rover has reported half-year profits have broken the £1 billion barrier, with profit before tax of £1.083 billion marking a massive 42% year-on-year increase. Profits in the last three months alone were £668 million, said the firm. MORE new British jobs for Jaguar Land Rover Range Rover: why it is already battling Bentley The strong results are thanks to continued sales growth for the two British luxury car brands: sales over the past three months increases 21% to 102,644 cars – beating even the half-year sales rise of 16% to just over 197,000 vehicles.

New Jaguar XF R-Sport is the start of more R-Sport models from Jaguar

The Jaguar XF R-Sport (pictured) adds sport looks to the saloon and Sportbrake The big news from Jaguar for the 2014 Geneva Motor Show is the arrival of a barnstorming XF Estate – the Jaguar XFR-S Sportbrake – with its 542bhp supercharged V8. But also heading for Geneva is a more lowly XF that might not grab the headlines but will probably do more for Jaguar’s bottom line than the XFR-S – the new Jaguar XF R-Sport. Available as an XF saloon or XF Sportbrake, the XF R-Sport is Jaguar’s take on stuff like BMW M Sport and Mercedes AMG Line (but without any power or suspension tweaks) and is aimed at owners and drivers who want the sporty looks of cars like the XFR but want it powered by something more prosaic.

Toyota will pay NHTSA fine, adds to recalls

Toyota has stayed at the top of the news in the last few days. The Japanese automaker agreed to pay the record $16.4 million fine the U.S. Transportation Department levied against it, even as it scrambled to fix the Lexus GX 460 that Consumer Reports said was unsafe to drive.