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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.

Kia CUB Concept heading for Seoul Motor Show

An new Kia Concept – the Kia CUB – is heading for the 2013 Seoul Motor Show and is a compact four-door coupe with added funk. As Kia moves more upmarket its concepts become more convincing. Recently, we’ve had the Kia GT – a high-end, powerful swoopy coupe that looks like it’s heading for production – and the Kia Provo which caused consternation in Northern Ireland but looks equally likely to head in to production as the Kia take on the MINI Countryman or Nissan Juke.

Vuhl 05 supercar (2013) first official pictures

The Vuhl 05 has been revealed to the media in London, making its world premier at the Royal Automobile Club in Pall Mall. Designed to take on the likes of the KTM X-Bow and Ariel Atom as a road and track toy, the 05 is the work of two Mexican brothers who have backing from the Mexican government. It’ll be on sale in Europe, expected to be its biggest market, from early 2014.