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Longest ever period of UK new car sales growth

The SMMT (Society of Motor Manufacturers and Traders) has released the new car registration data for May 2014, and revealed that the UK new car market is officially experiencing its longest period of growth since records began. Sales in May were up 7.7% compared to 2013 – making it the 27th consecutive month that figures have increased. A grand total of 194,032 new cars registered also represents the most units sold in May since 2004.

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.

Car insurance small print longer than Animal Farm

Aslan Alphan | Getty Images The small print on car insurance policies from a number of leading firms is longer than George Orwell’s novel Animal Farm, according to a consumer website. Fairer Finance waded through the small print of “every” car insurance policy, and found that the policy documents produced by Endsleigh, Sheila’s Wheels, Esure and M&S Bank run to more than 30,000 words. Less than a third read car insurance terms and conditions The highest word count found by researchers came from Endsleigh, with a grand total of 37,674 words in the small print.