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Jaguar Land Rover reports record sales and profits for 2012/2013

Jaguar Land Rover – record sales, revenue and profits Tata must be thanking their lucky stars they took a punt on Jaguar Land Rover 5 years ago when the rest of the car world thought they were a bit of a lost dog, because it’s now JLR that are the shining star in the Tata group, with Tata motor sales languishing in troubled waters. JLR has reported record figures for the 2012/2013 year, with vehicle sales hitting 374,636 (up 22 per cent), revenue up at £15.8 billion (up 17 per cent) and pre-tax profits at £1.675 billion (up 11 per cent) on the back of continuing success for all models – and especially the Evoque – and the launch of more new models to offer great promise for even better figures in 2013/2014. This models have included the new Range Rover, the Jaguar XF Sportbrake, new 4WD versions of the XJ and XF (although not for the UK) and new engine options too.

Volkswagen wants Alfa Romeo, but Fiat doesn't want to sell

Fiat S.p.A. is refusing a new round of Volkswagen AG overtures to buy its troubled sporty Alfa Romeo brand, company sources told Automotive News Europe. VW is on an acquisition spree to help its bid to topple Toyota Motor Corp.

Porsche Macan makes Harrods debut

THE PORSCHE Macan has been given its first public UK appearance – as the star of a Harrods window display. The world-famous department store in London’s Knightsbridge is playing host to the Macan, the 911 Turbo S, the Panamera S E-Hybrid and a scale model of the amazing 918 Spyder hybrid hypercar. Between 10am and 8pm daily, the public will be able to get up close and personal with each of the distinctive displays, two months before the Macan’s official arrival in British Porsche Centres.