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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.

Peugeot 208 XY heading for production

It’s been revealed that the luxury concept of the new Peugeot 208 – the 208 XY – will be at the Paris Motor Show in production guise. At this year’s Geneva Motor Show, Peugeot revealed a pair of concept cars based on the new 208 – the 208 GTi and the 208 XY. Yesterday we revealed that the new Peugeot 208 GTi was heading for this month’s Paris Motor Show ready for production, and now it seems it will be joined by its luxury sibling concept, also ready to go in to production – the Peugeot 208 XY.

Volkswagen bus fetches $217,800 at Barrett-Jackson auction

At the Barrett-Jackson auction in Orange County, $159,500 could buy you a 1964 Rolls-Royce Silver Cloud III James Young sedan. A mere $165,000 would put you in the driver’s seat of a 2005 Ford GT. Doling out more than $200,000 nets you a .