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Jaguar Land Rover profits up 34 per cent to £1.5 billion

Just four years after Tata took over what looked like a basket case in Jaguar Land Rover, profits have hit £1.5 billion. It’s become the norm for Jaguar Land Rover to report ever improving profits and sales, but the news that JLR made profits of £1.5 billion in the year to end of March 2012 is still amazing. Ford sold Jaguar and Land Rover to Tata four years ago as it unwound its faltering luxury car brands, and as recently as 2009 JLR were almost begging for government help to keep going.

Honda's future plans cut Acura TSX platform

The future of Acura's TSX appears uncertain as Honda Motor prepares to abandon the platform used for the compact sedan. Acura boss Jeff Conrad says the TSX will remain in the lineup "for the foreseeable future." But when Acura moved into the entry-luxury segment with the ILX last year it jammed up its sedan lineup -- both in terms of vehicle sizes and pricing ladders. The ILX and aging TSX are positioned close to each other, as are the TSX and mid-sized TL.

Ford to triple production of EcoBoost engines by 2015

Ford EcoBoost Engine production to increase In another clear sign of engine downsizing by car makers Ford has announced it will triple production of its EcoBoost engines in Europe by 2015. The petrol engine is fighting back against hybrids and diesels with downsizing and forced induction creating petrol engines that work more pleasingly than  diesels – and with lower particulate emissions – whilst delivering proper performance and levels of economy that would have been unthinkable just a few years ago. Ford is in the vanguard of this mainstream push to make petrol engines relevant even in a car world dictated by government CO2 targets (which aren’t really CO2 targets , they’re official economy targets) and they’re planning to triple production of their very good range of EcoBoost engines in Europe over the next three years.