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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.

Subaru's boxer engine gets biggest overhaul since 1989

Subaru said its next-generation, horizontally opposed engine will debut this year in the Forester and deliver a 10 percent boost in fuel economy. The four-cylinder engine, which will come in displacements of either 2.0 or 2.5 liters, is the first major overhaul of the brand's signature boxer power plant in 21 years, Subaru's Japanese parent company Fuji Heavy Industries Ltd. said.

Concept Car of the Week: Ford 021C (1999)

As Australian-born designer Marc Newson this week joined Apple, we can only wish that he brings with him the same smart-yet-playful approach as he did with his radical Ford 021C concept. Presented at the 1999 Tokyo Motor Show, the project began when Marc Newson was commissioned by Ford global design director, J Mays, to create an innovative interior. Their mutual passion for design and their enthusiasm led to a much larger project and Newson eventually delivered a complete working prototype.