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Jaguar Land Rover doubles its profits

Jaguar Land Rover has reported sales up by 29 per cent in the second quarter of their financial year and profits up by 100 per cent. It’s a rough car market out there – especially in Europe – but Jaguar Land Rover continues to grow its sales with revenues up by over 13 per cent, sales up by 29 per cent and pre-tax profit up by 100 per cent to £431 million. These are strong figures from JLR and reflect the strong sales of the Evoque around the globe (100,000 and counting) and remarkably strong sales for the old Range Rover, despite the 2013 Range Range Rover about to hit showrooms.

Italian businessman buys Pininfarina plant for aluminum-vehicle project

Defeated twice in his attempts to buy Carrozzeria Bertone S.p.A., Gianmario Rossignolo has signed a preliminary deal to rent and run one of Pininfarina S.p.A. three plants. Rossignolo, 79, a flamboyant executive who worked at Fiat and Swedish ball-bearing maker SKF, needs the Pininfarina plant for its Innovation in Auto Industry S.p.A.

Nissan teases all-new 2014 Qashqai crossover

Nissan has revealed a teaser image of the next Qashqai, the all-new second-generation version of its ground-breaking crossover, which is due to go on sale in 2014. The real thing is set to be unveiled on Thursday 7 November 2013, and Nissan is promising the new Qashqai will “redefine the crossover sector and set new standard across the board.” On Bing: see pictures of the Nissan Qashqai Find out how much a used Nissan Qashqai costs on Auto Trader This is no small matter for Nissan – in fact, the firm describes the new Qashqai as the most significant car in its modern history, the original version having defined an entirely new sector of the marketplace. If the Qashqai didn’t strictly invent the crossover concept, it certainly made it popular beyond even Nissan’s wildest dreams, offering buyers an SUV-style image with the running costs and driving dynamics of a conventional family hatchback and the practicality of a people carrier.