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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.

Chinese bank may join Saab rescue deal

Saab's owner, Swedish Automobile, said on Monday it is discussions with a bank in China and Chinese automaker Zhejiang Youngman Lotus Automobile over a rescue deal for Saab. Reports had said on Sunday that the Bank of China would replace China's Pang Da as an investor in Saab, which is under bankruptcy protection. Swedish Automobile confirmed Monday that it is talking with Youngman and a bank in China about an equity interest, but did not name the bank.

One Lap of the Web: Cars of Concours d'Lemons, Rally New England and a Hudson Italia

- More than 80 unique cars are trucks have just finished Rally New England, traveling 1,300 miles through the northeast, all for a good cause. Hooniverse's Robby DeGraff took part in the rally as part of a film crew, and shares his journey with readers. The rally ran from Ithaca, N.Y., to Saint John, New Brunswick, and raised money for Camp Sunshine, an organization that invites children with life-threatening diseases and their families to have fun at camp for a week for free.