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Jaguar Land Rover profits up 34 per cent to £1.5 billion

Just four years after Tata took over what looked like a basket case in Jaguar Land Rover, profits have hit £1.5 billion. It’s become the norm for Jaguar Land Rover to report ever improving profits and sales, but the news that JLR made profits of £1.5 billion in the year to end of March 2012 is still amazing. Ford sold Jaguar and Land Rover to Tata four years ago as it unwound its faltering luxury car brands, and as recently as 2009 JLR were almost begging for government help to keep going.

Audi chairman to speak at CES

Audi chairman Rupert Stadler will be a keynote speaker on Jan. 6 at the 2011 Consumer Electronics Show (CES) in Las Vegas. The Consumers Electronics Association (CEA), host of the world’s largest tradeshow for consumer technology, will feature the Audi boss in a lineup along with Microsoft CEO Steve Ballmer, Verizon CEO Ivan Seidenberg and Samsung president Boo-Keun Yoo.

Nissan Micra (2010) at the Geneva motor show

This is the new Nissan Micra, revealed today at the 2010 Geneva motor show by company chief exec Carlos Ghosn. Blame the need to appeal to buyers in over 160 countries, and Nissan’s desire to keep its cost down – fancy steel pressings cost cash. The new Micra will be built in at least four factories across the globe; Nissan’s Sunderland plant will build the new Juke and Europe’s supply of the Micra will come from a factory in India.