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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.

New McLaren F1 to debut at Monaco 2012?

Render of the 2013 McLaren F1 It’s reported that the new McLaren F1 – know as the McLaren P12 – will debut as a concept at the Monaco Grand Prix weekend in May 2012. We first revealed that a new McLaren F1 was being developed in Woking almost three years ago, but at that time it looked like the new F1 – codenamed P12 by McLaren and perhaps destined to get the McLaren 799 moniker – would arrive after both the McLaren MP4-12C and a smaller, higher-volume McLaren aimed at cars like the 911 and R8. By 2011 reports were saying that McLaren had brought forward the new F1 to 2013 and that it would get a 5.0 V8 with something around 800bhp, a carbon fibre tub (just like the 12C) and lots of electronic handling aids like brake steer and brake force distribution, ceramic brakes and a very low weight.

Volvo V60 Plug-in Hybrid – now with Volvo’s R-Design spec. Price from £51,675

The Volvo V60 Plug-in Hybrid now get the R-Design option The Volvo V60 Plug-in Hybrid is already selling at such a rate that Volvo can’t keep up with demand, and now they’re making it even more difficult for themselves by launching an R-Design version. Volvo’s R-Design models add a range of tweaks to the regular range that add more visual purpose, but do so subtly and without too much fanfare. The R-Design version of the V60 Plug-in Hybrid is no different, with R-Design bumpers and grill, rear diffuser and 18″ Ixion alloys on the exterior and sports seats, sports pedals, sports floor mats and charcoal headlining on the interior giving the car a more focused appeal.