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New car sales hit ten year high – Toyota Yaris breaks in to top 10

The Toyota Yaris accounted for over 20% of hybrid sales in March 2014 We’ve got used to new car sales (well, new car registrations) hitting new highs month after month, but March 2014 managed to top even the recent levels with the highest monthly registrations in a decade. March is normally the year’s highest new car month with the ‘year’ plate change coming in, with almost 20 per cent of cars registered in that month alone (it used to be August when  there was just one plate change a year) and 2014 saw a jump of nearly 18 per cent over 2013, and the highest total since March 2014. Still sitting atop the list is the Ford Fiesta (25,753) with more than 50 per cent more sales than the second place Ford Focus (16,860), with the usual suspects taking up the rest of the top ten (full top ten sales for March 2014 below).

Jaguar readying SUV for Frankfurt motor show

While the next new Jaguar model slated for dealerships is a BMW 3-series fighter rumored to be called the XS, Autoweek sources have confirmed the company will also be showing an SUV at the Frankfurt motor show in September. Likely to be named XQ or Q-type, the Jaguar SUV is expected to ride on a version of the XS platform (itself a variation on the aluminum XJ architecture) rather than share a platform with a Land Rover product. Slated for 2016 production, the new Jaguar XQ SUV will share some powertrain technology with Land Rover, specifically the Ford I-4 engines from the Evoque.

GM posts $2.5 billion profit, led by North America

General Motors on Thursday posted a profit of $2.5 billion for the second quarter, led by strong results in North America. GM's net income for the April-through-June period nearly doubled from $1.3 billion in the year-earlier quarter. It was GM's sixth consecutive quarterly profit since exiting bankruptcy in mid-2009.