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Gatso revenues 'quadrupled' under Labour
Wed, 06 Aug 2008The UK's blight of speed cameras have quadrupled the revenues raised from fines, say the Conservatvies By Tom Richards Motoring Issues 06 August 2008 13:04 A million extra speeding tickets are being dished out every year compared with when Labour first came to power in 1997, the Opposition claimed this week. The Conservatives have published figures proving that the number of speeding fines has leaped from 712,753 in 1997 to 1,773,412 in 2006. The shocking stats include fines given to motorists caught on camera as well as those stopped at the roadside by traffic police.
Saab owners Spyker NV to become Swedish Automobile NV
Mon, 23 May 2011Is the rain coming to an end at Saab? In the seemingly never-ending saga of Spyker and Saab it does now seem likely that the deal we reported last week with Chinese distributors Pang Da is going to pan out. The messy-looking deal with Pang Da has seen the beleaguered Dutch car maker receiving €30 million already from the cash-rich Chinese, which it’s using to pay-off its suppliers in an attempt to get production lines rolling again in Trollhattan.
Jaguar Land Rover made £1 billion last year
Thu, 26 May 2011The 2012 Jaguar XF & 2012 Range Rover Evoque - JLR's latest models Who’d have believed it just a year or two ago? Jaguar Land Rover has reported a turnover for the year to the end of March 2011 of £9.9 billion and has made a profit (after tax) of £1.04 billion – almost £3 million a day. From proffering the begging bowl in the direction of a short-sighted Labour government in 2009 – and getting nothing without untenable conditions attached - and making plans to close one of its three UK plants, JLR’s renaissance has been astonishing.