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Jaguar Land Rover sales up 32% in January 2013

Jaguar Land Rover sales continue to power ahead, with sales up 32 per cent in January 2013 – 31 per cent up for Land Rover and 40 per cent for Jaguar. We’ve got used to ever increasing sales from both Jaguar and Land Rover in recent years, and 2013 has started for JLR in the same manner as 2012 – with sales up by 32 per cent. JLR are reporting sales up in every major market, with China topping the list with an increase of 74 per cent, but even the UK (up 33 per cent) and USA (up 24 per cent) performed well and, despite sales falling across Europe for most car makers, Jaguar Land Rover managed to increase their sale by 10 per cent on the Continent.

Leonardo DiCaprio launches Formula E racing team

Formula E Star of the silver screen Leonardo DiCaprio has launched his own racing team. Called Venturi Automobiles, the new motorsport outfit will campaign a single-seater racing car in the first season of the Formula E all-electric championship next year. On Bing: see pictures of Leonardo DiCaprioOn Bing: see pictures of Formula EWhat is Formula E?

NADA asks U.S. to suspend clunkers program

National Automobile Dealers Association officials asked the government to suspend the cash-for-clunkers program because a survey by the group found that the $3 billion fund has been exhausted, NADA Chairman John McEleney said. "We asked them to put a halt to the program--I think we said 'very soon'--but a suspension at midnight tonight would make sense," McEleney said in an interview Wednesday. "Our survey opened the eyes of the Transportation Department." A suspension would allow dealers to submit all pending claims and permit the government to process them so that a precise determination could be made of how much money, if any, is left in the program, he said.