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Jaguar Land Rover: Tata to double annual investment to £1.5 billion

Tata to double investment in JLR Tata Motors has revealed that it plans to double annual investment in Jaguar Land Rover (JLR) to £1.5 billion. Just last week we reported that Tata Motors’ profits in the last quarter had been driven very much by the resurgence at Jaguar Land Rover, with JLR profits soaring while Tata Motors domestic profits declined. And it looks like Tata are keen to keep that momentum going with the announcement that they are to double annual investment in Jaguar Land Rover to £1.5 billion.

GM and PSA announce four joint vehicle programs

PSA Peugeot/Citroën and General Motors have confirmed they will develop four future vehicle projects as part of their ‘Global Strategic Alliance' as both parties grapple with dwindling sales and spiraling costs in the European market. The first is a joint program for a compact-class MPV for Opel/Vauxhall and a compact-class Crossover Utility Vehicle for the Peugeot brand. The second project has been confirmed as a joint MPV program for the small car segment for Opel/Vauxhall and the Citroën brand.

2011 Ford Flex goes Titanium

Taking a page from its SEMA playbook, Ford is rolling out a top-of-the-line, semi-blinged-out people hauler for 2011, the Flex Titanium. It's dressed up for a night on the town, or a trip to soccer practice, and was devised by Ford product gurus who noticed most Flex customers tend to take high levels of content in their vehicles. The Flex Titanium has a unique black chrome-finish grille with Flex badging on the edge of the hood--a cue straight from SEMA models in 2008 and 2009.