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Jaguar Land Rover: Tata to double annual investment to £1.5 billion

Tata 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.

Digital repreive for drivers as FM switch-off postponed

MILLIONS OF CAR OWNERS have been saved from missing out on listening to the radio in their cars as the Government has delayed switching off FM transmitters in favour of digital radio. The move comes as the Government admits that more needs to be done to convince radio users to switch to DAB digital radio instead of sticking with FM. Ed Vaizey, the communications minister, said: ‘We have to support digital radio, but we also respect people’s passion for radio and not being made to do something they don’t want to.’ At present, digital radio accounts for about a third (36.5%) of all radio listening, but take up has been lower among car drivers who are used to FM.

Maserati Granturismo MC Stradale (2010) news

Maserati will develop another version of its gorgeous Granturismo sports coupe. Due at the 2010 Paris auto show, the MC Stradale will overnight become the fastest, lightest and most powerful car in the Maserati range. Sales start in spring 2011.