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Jaguar Land Rover reveals huge profits growth

Jaguar Land Rover has reported half-year profits have broken the £1 billion barrier, with profit before tax of £1.083 billion marking a massive 42% year-on-year increase. Profits in the last three months alone were £668 million, said the firm. MORE new British jobs for Jaguar Land Rover Range Rover: why it is already battling Bentley The strong results are thanks to continued sales growth for the two British luxury car brands: sales over the past three months increases 21% to 102,644 cars – beating even the half-year sales rise of 16% to just over 197,000 vehicles.

2010 Ferrari F1 Goodwood hillcimb (video)

Marc Gene takes the 2010 Ferrari F1 (F10) up the Goodwood Hillclimb 2011 Goodwood is Disneyland for petrolheads, with the world’s greatest cars and greatest drivers wallowing in three days of high-octane worship at the alter of the internal combustion engine. Everything from classic road cars to the latest F1 machinery crowd in to this glorious corner of England, safe in the knowledge that they are among friends; no global-warmists here wagging a condemnatory finger. We’ll have a full round-up of the Goodwood Festival of Speed tomorrow – with a million photos – but as Ferrari has sent us video of Marc Gene taking last year’s Ferrai F1 (F10) car up the Goodwood hillclimb we thought it deserved some space all its own.

Mercedes-Benz slots 4 compacts for U.S.

Mercedes-Benz will launch four compact vehicles in the United States in the next three years with starting prices of $30,000 or below. The vehicles will include a production version of the A-class coupe concept shown last week at the New York auto show. Three variants of Mercedes' new-generation compact family also are headed for the United States.