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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.

Peugeot 308 stars at the 2013 Frankfurt Motor Show

Peugeot is going up-market with its new 308 hatchback, making its world premier here at Frankfurt 2013. Quality and sophistication is the target for the new car, with the French firm setting its sights high. Question is, can it deliver on the promise and truly compete with premium rivals, such as Audi and VW?

Producer Michael Mann tapped to develop and direct Go Like Hell movie

Producer Michael Mann, best known for hits such as Heat, Ali and more recently, Public Enemies, is in talks with 20th Century Fox to develop and potentially direct a movie based on the A. J. Baime book Go Like Hell, according to The Hollywood Reporter.