Exhaust Manifold Gasket-vin: C Mahle Ms16184 on 2040-parts.com

Which car has the best residual value? A MINI

The MINI has the lowest depreciation of any car in the UK When it comes to buying a car, many of us decide how much we can afford to spend and then go and look for a car that fits our budget. But what we should really be looking at is how the car we want will be worth in the future – its residual value. Because the residual value of your car is often where the biggest costs lies, and it has a major impact on monthly payments if you decide to acquire your nice new car on a contract hire or leasing deal.

Jaguar Land Rover made £1 billion last year

The 2012 Jaguar XF & 2012 Range Rover Evoque - JLR's latest models Who’d have believed it just a year or two ago? Jaguar Land Rover has reported a turnover for the year to the end of March 2011 of £9.9 billion and has made a profit (after tax) of £1.04 billion – almost £3 million a day. From proffering the begging bowl in the direction of a short-sighted Labour government in 2009 – and getting nothing without untenable conditions attached - and making plans to close one of its three UK plants, JLR’s renaissance has been astonishing.

Detroit Electric SP:01 – it’s a Lotus Exige EV

Detroit Electric has revealed the SP:01, a Lotus Exige based electric sports car promising 0-62mph in 3.7 seconds and a range of 190 miles. 999 are being built. Detroit Electric is a re-birth of a once well-known electric vehicle maker in the US (that’s well-known pre-WWII) that’s been revived by former Group head of Lotus Engineering, Albert Lam, set up shop in Michigan with the intention of emulating Tesla’s route to EV credibility by building its own Lotus EV.