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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.

Ford sends Mustang, Edge to Europe

Ford plans to export the Mustang to Europe, and it will likely be the next generation of the famous pony car due within a couple of years. It has also shown redesigned compact and full-size vans it will sell in the United States by 2014. The automaker also showed a lightly restyled Fiesta and a high-performance ST model that go on sale in Europe later this year.

Peugeot Quartz Concept is a 494bhp Hybrid SUV – debuts at Paris Motor Show

The Peugeot Quartz Concept is a 494bhp Hybrid SUV - The Peugeot Quartz Concept is a concept from Peugeot heading for the Paris Motor Show next month, and it uses a hybrid setup to offer the potential of huge performance from a pair of electric motors and the 270 PS 1.6 litre petrol engine from the RCZ R. Before you get too excited, it seems unlikely the QuartZ Concept is heading for production with its very concept-y look with scissor doors, pop-out steps for access and no B-Pillar, but it does show what could be done if Peugeot is brave enough and it does show the performance potential of the hybrid platform. The hybrid platform consists of the 1.6 litre THP 270 engine from the RCZ R – good for 266bhp – and an electric motor on each axle.