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Jaguar Land Rover: Tata to double annual investment to £1.5 billion
Wed, 22 Feb 2012Tata 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.
Groupon vouchers for cars? No
Mon, 18 Jul 2011The Groupon juggernaut rolled into auto retailing last week, and dealers around the nation watched intently to see whether the online coupon phenomenon could drive herds of shoppers into showrooms. So far, no. Only four consumers agreed to pay $200 for a $500 discount voucher on a new-vehicle purchase at LaFontaine Buick-GMC-Cadillac in Highland, Mich.
M25 speed cameras not switched on
Tue, 14 Jan 2014Most speed cameras on the M25 have not worked for five years, according to a report in the Sunday People newspaper. Of the 117-mile stretch of London’s orbital motorway, only 3.2 miles between Junctions 2 and 3 in Kent is covered by working cameras. On Bing: see pictures of speed cameras Cars most likely to be caught speeding in the UK The cameras, which sit behind overhead gantries imposing lower speed limits during congested times, haven’t been switched on since they were installed in 2009.