Tue, 29 May 2012
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.
Tue, 10 Sep 2013
Alfa Romeo today only sells two regular cars, the MiTo and Giulietta. The family hatchback Giulietta is its most profitable – and also its best – and so to ensure it still has at least some appeal alongside the Volkswagen Golf and Ford Focus that outclass it, Alfa has facelifted it for the 2014 model year. It’s a very discreet and low-effort facelift, but the firm still hopes it’s just enough to keep the family five-door ticking over.
Fri, 14 Dec 2012
The Bolt Gold Nissan GT-R, autographed by Olympic champion Usain Bolt, sold for $187,100 at an eBay auction. All proceeds will be donated to the Usain Bolt Foundation, which helps create educational and cultural opportunities for young people in Jamaica. More than 100 people competed for the other items crossing the block, including racing helmets, special driving suits and boots, which brought $6,091 more.