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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.

Mitsubishi Concept PX-MiEV Ⅱ

Mitsubishi is set to unveil a duo of concepts at the Tokyo motor show later this month, the first of which is the snappily titled Concept PX-MiEV II. The PX-MiEV II is a plug-in hybrid-powered, mid-sized corssover. Externally, the PX-MiEV II appears to be similar in concept to its Outlander stable mate, with a high DRG featuring lights that run into the plexi-grille; a subtle reminder of the car's electric drive train.

Nissan Ellure concept (2010) unveiled

The Nissan Ellure has today made its world debut at the 2010 LA auto show. Nissan's senior vice president and chief creative officer, Shiro Nakamura states that 'it's not intended as a preview of any upcoming production model' and that 'the Ellure confirms Nissan’s intention to be a strong player in the sedan segment for many years to come' An interesting u-turn, as Nissan has steadfastly pioneered niche markets over the last decade, whilst turning their back on the traditional sectors. Well, the drivetrain's worth a mention: the Ellure boasts a supercharged 2.5-litre four-cylinder with Intelligent Dual Clutch Control (one motor/two clutch design with lithium-ion battery) and 25 kW electric motor.