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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.

Dodge Caliber SRT4 dies quick and painless

Dodge is dropping its fastest, most powerful small car for the 2010 model year. The Dodge Caliber SRT4--a turbocharged, muscle-bound version of the Caliber--is being discontinued. "The Dodge Caliber SRT4 was planned for a limited production run in the highly competitive sport compact market segment," Dodge said in a statement.

Koenigsegg One:1 to debut at 2014 Geneva Motor Show

The extreme Koenigsegg One:1 (pictured) will debut at the 2014 Geneva Motor SHow At the end of 2012 we exclusively revealed the first details of the Koenigsegg One:1, an extreme take on the Agera R and being built in very small numbers. Then, in September last year, we were able to flesh out what the Koenigsegg One:1 would offer after Koenigsegg revealed more details – and it is impressive. The One:1 will come with 1,400 HP and weigh in at just 1400 KG, and that weight includes all fluids and even the weight of an average driver.