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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.

Cadillac ELR spotted on the roads

Cadillac will deliver a sporting luxury coupe with Chevrolet Volt-based technology for 2014. Called the ELR, the Caddy was previewed with the Converj concept at the 2009 Detroit auto show. These spy shots clearly reveal Caddy emblems and styling cues.

New BMW X5 gets a range of M Performance goodies

The new BMW X5 gets a range of M Performance goodies It wouldn’t be a BMW unless you could make it look like it can go faster, even when it can’t. So it’s good news for buyers of the new BMW X5 that they can opt for the cheapest, and least powerful, X5 sDrive25d and adorn it with enough goodies from the new X5 M Performance option list to make it look like it’d eat an X5 M50d for breakfast. But its not just the lowliest model in the new X5 range that can have any of the new M Performance parts bolted on; BMW will be happy for you to bolt on the extras to anything from the sDrive25d to the xDrive50i.