Vintage Rupp Mini Bike Parts Nos. on 2040-parts.com

Jaguar Land Rover: Tata to double annual investment to £1.5 billion

Tata to double investment in JLR Tata Motors has revealed that it plans to double annual investment in Jaguar Land Rover (JLR) to £1.5 billion. Just last week we reported that Tata Motors’ profits in the last quarter had been driven very much by the resurgence at Jaguar Land Rover, with JLR profits soaring while Tata Motors domestic profits declined. And it looks like Tata are keen to keep that momentum going with the announcement that they are to double annual investment in Jaguar Land Rover to £1.5 billion.

Aston Martin Cygnet planned for 2011 production

Aston Martin said on Monday that the Cygnet--a reworked version of the Toyota iQ city car--will go into production in 2011. The Cygnet, which was shown as a concept car at the Geneva motor show in March, is just less than 10 feet long. "Our customers need a small car for urban and city use and they want the right tools for the right job, to downsize creatively without compromising intelligence, artistry and personality," said Aston Martin CEO Ulrich Bez.

LCV VALUES DEFY POOR CONDITIONS

AN INCREASE in demand for four-wheel drive light commercial vehicles saw LCV values rise during December 2010, according to new figures from British Car Auctions. After reaching a low-point in November, the cold weather inspired a £37, or 0.9 per cent, rise in average LCV values to £4,067. Values were also boosted by a 25 per cent decline in the number of vehicles that came to auction during the month.