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Mazda design chief Ikuo Maeda brings new meaning to zoom-zoom

Ikuo Maeda, the new design chief at Mazda Motor Corp., earned the nickname "Speedy" for his lead-footed driving on the race course and off. He may be the only standing auto executive to have had his license revoked--twice. It's only natural then that Maeda, who took the design reins last April, views himself as the rightful guardian of Mazda's zoom-zoom brand heritage.

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.

Vette plant to build high-performance engines

General Motors is moving its Performance Build Center, which let enthusiasts pay $5,000-plus to build the high-performance engine for their Chevrolet Corvette, from Michigan to the Corvette assembly plant in Bowling Green, Ky. The move is expected to be completed by spring 2014. It will let a Corvette buyer build his own engine, with help from a GM technician, and then see it installed in his car as it goes down the Bowling Green assembly line.