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Jaguar Land Rover made £1 billion last year

The 2012 Jaguar XF & 2012 Range Rover Evoque - JLR's latest models Who’d have believed it just a year or two ago? Jaguar Land Rover has reported a turnover for the year to the end of March 2011 of £9.9 billion and has made a profit (after tax) of £1.04 billion – almost £3 million a day. From proffering the begging bowl in the direction of a short-sighted Labour government in 2009 – and getting nothing without untenable conditions attached - and making plans to close one of its three UK plants, JLR’s renaissance has been astonishing.

Maserati’s 50,000 sales target starting to look possible

22,500 sales so far in 2013 from Maserati, thanks to cars like the Ghibli (pictured) When Sergio Marchionne revealed in 2011 that he wanted Maserati sales to hit 50,000 a year by 2015, we were all very sceptical. After all, Maserati were only managing fewer than 6,000 sales a year at that time, so a target of 50,000 a year seemed mad. But it’s starting to look a distinct possibility.

Wheels and More offers an extra 45 hp for the Ferrari F12

German tuner Wheels and More has come up with a tuning package for the new Ferrari F12 Berlinetta. It squeezes out 45 more hp for a total of 785 Italo-German ponies. In addition to software tuning used to wring out more power, Wheels and More adds a hand-made exhaust system with valves that can be opened and closed with the push of a button.