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Jaguar Land Rover doubles its profits

Jaguar Land Rover has reported sales up by 29 per cent in the second quarter of their financial year and profits up by 100 per cent. It’s a rough car market out there – especially in Europe – but Jaguar Land Rover continues to grow its sales with revenues up by over 13 per cent, sales up by 29 per cent and pre-tax profit up by 100 per cent to £431 million. These are strong figures from JLR and reflect the strong sales of the Evoque around the globe (100,000 and counting) and remarkably strong sales for the old Range Rover, despite the 2013 Range Range Rover about to hit showrooms.

Ford sales rise 40 percent, Chrysler up 61 percent as industry rebounds

Ford Motor Co. posted a 40 percent increase in U.S. sales last month and Chrysler Group soared 61 percent as the industry showed signs of rebounding from an August slump.

Caterham 620R (2013) first official pictures

Caterham will launch its most hardcore road-going Seven ever at the 2013 Goodwood motor show. Called the 620R, the new range-topper develops 310bhp, and will hit 60mph in 2.79sec, making as fast as an a 691bhp Lamborghini Aventador. The 620R replaces the R500 in Caterham's range, and costs £49,995.