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Peugeot 208 R2 – it’s a rally prepared 208

Peugeot 208 R2 - a rally prepared 208 The new Peugeot 208 is about to hit showrooms so Peugeot are delivering a bit of sporty fairy dust with the rally prepared Peugeot 208 R2. As we say every time we run a story on the new Peugeot 208 – there’s a lot riding on it for Peugeot. The world has fallen out of love with mainstream cars and has become polarised, with ‘Premium’ and ‘Budget’ selling at the expense of a squeezed middle.

Ultra-low-mileage Chevrolet Corvair Monza heads to the auction block

We've never really paused to appreciate the subtle good looks of the Chevrolet Corvair, especially the end-of-the-line 1969 Corvair Monza coupe. But this particular car, which will be sold at the upcoming Mecum Houston auction on April 11, will make you stop and take stock. Even if you're Ralph Nader, you can't help but be impressed by its extreme originality: It has just 15 miles on the odometer.

Jaguar Land Rover profits up 34 per cent to £1.5 billion

Just four years after Tata took over what looked like a basket case in Jaguar Land Rover, profits have hit £1.5 billion. It’s become the norm for Jaguar Land Rover to report ever improving profits and sales, but the news that JLR made profits of £1.5 billion in the year to end of March 2012 is still amazing. Ford sold Jaguar and Land Rover to Tata four years ago as it unwound its faltering luxury car brands, and as recently as 2009 JLR were almost begging for government help to keep going.