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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.

BMW recalls 1.3 million 5 & 6 Series cars

BMW recall 1.3 million 5 & 6 Series BMW is to recall 1.3 million 5 Series and 6 Series cars built between 2003 and 2010 to fix a battery cable cover. It’s been an expensive year for BMW on the recall front. January saw MINI recall 235,000 Cooper and JCW models to fix a faulty auxiliary water pump on the turbo, and now a massive 1.3 million BMW 5 Series and 6 Series cars are being recalled. The cars affected are the BMW 5 and 6 Series built between 2003 and 2010 where BMW has discovered a battery cable cover in the boot may have been mounted incorrectly.

Lotus Group CEO Dany Bahar suspended, facing investigation

Lotus Group chief executive officer Dany Bahar has been suspended and is facing an investigation following an undisclosed conduct complaint. While there is no official word on the nature of the complaint against Bahar, the The Daily Telegraph reports that it might be related to expenses claimed by Bahar or a legal dispute surrounding renovations on one of two Norwich, England, rental homes paid for by Lotus. Bahar's suspension has heightened the uncertainty surrounding the future of the Lotus Group.