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Jaguar Land Rover made £1 billion last year

The 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.

Caterham-Lola SP/300R (2012) first official pictures

This is the new Caterham-Lola SP/300R, just unveiled at the 2011 Autosport show. The SP/300R is the first sports prototype in Caterham’s history, and the result of a tie-up between Caterham Cars and British racing and engineering firm Lola. The Caterham-Lola SP/300R has been primarily designed for a new one-make race series that will start in 2012, and as a trackday tool for the rich.

Sinkhole swallows family car

A 30FT DEEP sinkhole has opened up in the driveway of a house in Buckinghamshire and swallowed up a family's car. Firefighters were called to the property in Main Road, Walter's Ash, High Wycombe, at 8.32am on Sunday where they found the hole which is 15ft in diameter. No-one was inside the Volkswagen Lupo when the hole opened up.