Citroen Ds Radio Signature Custom Model 718 on 2040-parts.com

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.

Concept Car of the Week: Matra Laser (1971)

Founded in 1937, French company Matra began its activities by manufacturing military equipment such as aeronautics and weaponry. In the mid ‘60s, under Jean-Luc Lagardere's ambitious direction, the company bought Automobiles Rene Bonnet to expand its portfolio with street and racing cars. The first model solely developed by Matra was the bonkers, but brilliant, 1967 M530, which took its name from the company's surface-to-air missile the R530.

MINI John Cooper Works Paceman: The hot MINI Countryman Coupe arrives

The new MINI Paceman has been given a range-topping model in the guise of the 140mph MINI John Cooper Works Paceman. Debuts at Detroit 2013. The Paceman JCW gets a convincing setup, with the same 1.6 litre 216bhp 1.6 litre as the Countryman JCW which delivers 207lb/ft of torque – and an extra 14lb/ft from an overboost – enough to send the Paceman JCW to 62mph in 6.9 seconds and on to 140mph (139mph in the auto, not that it matters as performance is the same otherwise).