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Jaguar Land Rover reveals huge profits growth

Jaguar Land Rover has reported half-year profits have broken the £1 billion barrier, with profit before tax of £1.083 billion marking a massive 42% year-on-year increase. Profits in the last three months alone were £668 million, said the firm. MORE new British jobs for Jaguar Land Rover Range Rover: why it is already battling Bentley The strong results are thanks to continued sales growth for the two British luxury car brands: sales over the past three months increases 21% to 102,644 cars – beating even the half-year sales rise of 16% to just over 197,000 vehicles.

BMW recalls 5-Series for rear lighting problem

BMW has announced a recall of 134,100 5-series sedans due to a potential rear-light issue. The recall includes 528i, 535i, 550i and M5 sedans from the 2008 to 2010 model years. According to the U.S.

Engineers wring 30 mpg on the highway from the 2011 Ford Mustang V6

First Ford got us excited by making some major engine upgrades to the Mustang for 2011--a 305-hp, 3.7-liter V6 and a 412-hp, 5.0-liter V8. Now it's wooing us with fuel economy, too. Ford says the V6-powered Mustang has been certified by the EPA to deliver 30-31 mpg on the highway (depending on the transmission) and 19 mpg in the city.