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Jaguar Land Rover doubles its profits
Wed, 07 Nov 2012Jaguar Land Rover has reported sales up by 29 per cent in the second quarter of their financial year and profits up by 100 per cent. It’s a rough car market out there – especially in Europe – but Jaguar Land Rover continues to grow its sales with revenues up by over 13 per cent, sales up by 29 per cent and pre-tax profit up by 100 per cent to £431 million. These are strong figures from JLR and reflect the strong sales of the Evoque around the globe (100,000 and counting) and remarkably strong sales for the old Range Rover, despite the 2013 Range Range Rover about to hit showrooms.
2013 Kia Sorento engine lineup revealed
Sun, 19 Aug 2012Kia has revealed that the 2013 Sorento – which will debut at the Paris Motor Show next month – will get a choice of two diesel and one petrol engines. We’ve had two reveals of the 2013 Kia Sorento so far this year, the first for the 2013 US Sorento and the second for the 2013 Europe and UK Sorento, but no details on the engine lineup. But now, ahead of a debut at next month’s Paris Motor Show, the engine lineup for the 2013 Kia Sorento in Europe has been revealed.
2014 Chevrolet Volt gets a $5,000 price cut
Tue, 06 Aug 2013General Motors is cutting the Chevrolet Volt's price by $5,000 amid price pressure from rival electrified vehicles. The sticker price on the 2014 Volt, which will arrive at dealerships this month, will be $34,995, including an $810 destination fee. That drops the effective price to $27,495, after applying the $7,500 federal tax credit for the plug-in hybrid.