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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.

Design Development: Kumho Epoch concept

The Epoch project is a concept you wouldn't normally expect from a tire manufacturer. Inspired by the company's success in this year's Le Mans 24 hour race, Kumho decided to employ its conceptual abilities to create their version of an environmentally-friendly Le Mans car of the future. Designed around innovative tire technology, the 'blue sky' Epoch eco-friendly racing car is the first in a series of concept vehicles set to be developed by Kumho over the next few years.

This Week in 1958: Montgomery, NY, hosts Governor's Trophy Race for the third year in a row

Fifty-five years ago was the third consecutive year that a former Air Force base in Montgomery, N.Y., served as a racetrack. The Governor's Trophy Race was a growing event and spectators only had to travel 75 miles from New York City to see race legends like Carroll Shelby compete. Nearly 30,000 spectators came to the two-day event in 1957, and race organizers were expecting even more in 1958.