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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.

Axes & Axles: Cars and guitars celebrated at the NHRA museum

WITH VIDEO -- Cars and guitars--who can explain why the two go together? NHRA Museum director Tony Thacker says they both represent freedom. You could say they're both a means of self-expression.

Nissan NV2500 concept

Nissan North America today unveiled the NV2500 concept at its Technical Center headquarters in Michigan. The van concept provides a preview of Nissan's entry into the North American commercial market in 2010. "The Nissan NV2500 is a rolling idea lab - bringing a new perspective to the commercial vehicle segment," said Bruce Campbell, vice president of design for Nissan Design America, which developed the concept.