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Jaguar Land Rover U-turn: all three UK plants saved

Jaguar Land Rover today surprised us all by announcing that it wouldn't be closing any of its three UK plants. CEO of Tata Motors Carl-Peter Forster had told CAR as recently as the Paris motor show a few weeks ago that one plant would shut. Instead, today the unions and Jaguar Land Rover hailed a landmark deal to save jobs and all three plants at Castle Bromwich, Solihull and Halewood.

McLaren P1 sales will double turnover and quadruple profit in 2014 for McLaren

The McLaren P1 (pictured) boosts McLaren’s profits We’re starting to see the McLaren P1 – McLaren’s modern replacement for the iconic McLaren P1 – rolling out to lucky owners, and that will continue apace during 2014. Which means McLaren will see a big rise in its turnover and an even bigger rise in profits – up four-fold – as the £866,000 P1 replenishes McLaren’s bank account. But, although it will take a while to build, deliver and get paid for all 375 P1s, the P1 won’t be a long-term cash cow for McLaren, just a nice little booster as it starts to plan to up production to 4,500 cars a year over the next few years.

Mazda announces Miata 25th Anniversary details, preorder information

$32,205. That's how much you'll pay for the Mazda Miata 25th Anniversary Edition in America, if you're one of the scant 100 buyers who wishes to spring for the most expensive, most exclusive Miata yet. What do you get for the expense?