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Lamborghini reports drop in profits
Wed, 10 Mar 2010Lamborghini has announced a pre-tax loss of £32m for 2009 as the world recession led to a slump in supercar sales. Lambo delivered 1515 supercars last year, down 38% from 2008's 2430. Turnover dropped 41% to £215m. It's a far cry from the dizzy heights of the boom years.
Jaguar XE Roadster WILL get 3.0 litre diesel
Tue, 02 Aug 2011This Jaguar XE is running a 3.0 litre diesel lump Earlier today we ran an update on the ongoing speculation on Jaguar’s small sports car, confirming that Jaguar will debut the Jaguar XE at Frankfurt in September. And now we can add to that by reporting that it WILL be getting the option of a 3.0 litre diesel lump when it goes on sale in 2012. We’ve speculated for some time that Jaguar will add the very good 3.0 litre TDV6 from the XJ and XF to the range of engines on the XK.
Jag Land Rover factory closure ‘already decided'
Wed, 06 Oct 2010Jaguar Land Rover management has already decided which UK factory to close – and the decision will be announced this autumn in 2010. The car making group, which manufactures around 250,000 cars a year, operates out of three UK sites: Castle Bromwich and Solihull near Birmingham, and Halewood near Liverpool. Those sorts of volumes are more normally associated with a single factory or, at a push, two.