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Jaguar Land Rover sales drive Tata Motors’ profit
Tue, 14 Feb 2012JLR strong sales drive Tata Motors profits Jaguar Land Rover sales rose 41 per cent in the last quarter to £3.75 billion with profits of £440 million, propping up Tata’s domestic decline. When Tata bought Jaguar Land Rover from Ford back in 2008 for $2.3 billion it offered promise for the future, but most analysts thought Tata had made a big mistake buying JLR for so much, just as the world economy started to slip ion to the near depression we’re still fighting. But the analysts were wrong.
Volvo S60 L plug-in petrol hybrid heading for Beijing Motor Show
Thu, 17 Apr 2014The Volvo S60L Plug-in (pictured) heading for Beijing The Volvo V60 Plug-in is already doing good business for Volvo – despite a price tag of £50k – but the V60 plug-in is a diesel hybrid which doesn’t suit all markets. So Volvo are ploughing ahead with a petrol engine based plug-in hybrid with the debut at the Beijing Motor Show next week of the Volvo S60 L Plug-in, a petrol hybrid version of the long wheelbase S60. At first glance the S60 Plug-in looks just like its regular ICE sibling, but under the skin sits a 2.0 litre Drive-E petrol engine with 238bhp and 258lb/ft of torque – which drives the front wheels – and a 68bhp electric motor with 147lb/ft of torque that can drive the rear wheels, which can be recharged in 4.5 hours.
Call for reform over road repair funding
Fri, 06 Jun 2014FUNDING patterns mean most road maintenance is being carried out in "less-efficient, cold and wet" times, a report from a Government spending watchdog has said. The current pattern of funding, combined with the need to spend money within the financial year, means that most maintenance work goes on between September and March, said the report from the National Audit Office (NAO). It went on: "Although this is less disruptive for road users, it is less efficient than carrying out the work at other times of year because materials can be more difficult to handle in cold and wet conditions, and daylight hours are shorter." The report went on: "As a result of the additional funding for emergency repairs, which is made available at the end of the financial year, almost all highways authorities need extra capacity from the market at the same time, which makes it less likely that they will get value for money." The NAO report said there was a "lack of predictability" over road spending adding that historically, local highway authorities spent more revenue on maintenance, but were now carrying out fewer routine activities such as clearing gullies which are essential to preventing water seeping into roads' sub-structure.