Magnum Ms2000 | 2000w Power Inverter / Charger / 30 Amp Single Input/ouput on 2040-parts.com

Jaguar Land Rover: Tata to double annual investment to £1.5 billion

Tata to double investment in JLR Tata Motors has revealed that it plans to double annual investment in Jaguar Land Rover (JLR) to £1.5 billion. Just last week we reported that Tata Motors’ profits in the last quarter had been driven very much by the resurgence at Jaguar Land Rover, with JLR profits soaring while Tata Motors domestic profits declined. And it looks like Tata are keen to keep that momentum going with the announcement that they are to double annual investment in Jaguar Land Rover to £1.5 billion.

Elegant 1933 one-offs take top honors at the Concours d'Elegance of America

Two elegant cars from 1933 were named Best in Show at the 2012 Concours d'Elegance of America at St. John's on Sunday. Jim Patterson's 1933 Delage D8S was crowned best European car, while Joseph Cassini's 1933 Chrysler Imperial Phaeton with body by LeBaron took the top honors for American-made cars.

Nissan Leaf tops 100,000 sales

Nissan has delivered the 100,000th Leaf to a customer in the U.K., reaching a milestone for the pure electric car that seems to be leaving other EVs in its wake. Now, the pure electric Leaf is on sale in 35 countries on four continents, and it has captured 45 percent market share for pure electric vehicles. Amy Eichenberger of Charlottesville, Va., was the 99,999th Nissan Leaf buyer, picking out a Glacier White example at her local dealership for her 10-mile daily commute.