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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.

The Detroit motor show 2010 review, by Gavin Green

Motown may not have rediscovered its mojo but at least the car makers formerly known as the Big Three have regained a little bit of their old swagger since the misery of last year’s Detroit show. After all, it’s not every year that two out of three national car makers go bankrupt. The survivor, Ford, unsurprisingly looked the most confident at this year’s show, never mind that its star car was about as hometown as Bauhaus and bratwurst.

News watch May 2010: today's auto industry news

By Tim Pollard and Ben Pulman Motor Industry 28 May 2009 15:00 Welcome to CAR's news aggregator as we round up the daily stories in the auto industry. Top tip: news summaries are added from the top hour-by-hourFriday 28 May 2010• Gordon Murray Design has announced specification and performance targetsfor the electric T.27 city car. The company is working with Zytek, and the projected emissions figures are 48g/km on the combined cycle, with the full lifecycle CO2 impact of the T.27 being 42% less than the average UK car.