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Jaguar Land Rover profits up 34 per cent to £1.5 billion

Just four years after Tata took over what looked like a basket case in Jaguar Land Rover, profits have hit £1.5 billion. It’s become the norm for Jaguar Land Rover to report ever improving profits and sales, but the news that JLR made profits of £1.5 billion in the year to end of March 2012 is still amazing. Ford sold Jaguar and Land Rover to Tata four years ago as it unwound its faltering luxury car brands, and as recently as 2009 JLR were almost begging for government help to keep going.

Opel reveals Cascada convertible

Opel, General Motors' financially embattled European unit, has revealed its new midsize Cascada convertible in a series of photos. The car goes on sale in early 2013. The two-door soft top, which is widely expected to be sold in North American by the Buick brand, enters the Opel lineup as a replacement for the Astra TwinTop.

Pagani C9: the tease begins despite problems at Pagani

Pagani C9 - the tease begins despite production problems As teasers for a new car go, the video tease at the bottom for the Zonda’s replacement – internal codename Pagani C9 – is about as obscure as anything we’ve had from any car maker. Although logically it’s only a step on from bizarre camera angles of minute detail, something we see regularly. This odd little video came across our radar yesterday when Harry Metcalfe – he of Evo founding fame – posted a link to a new website set up by an Italian web marketing company showing the video below.