BIG drugmakers, under pressure to streamline operations in the face of rising costs and slowing sales, are looking to the automotive industry for tips on tuning up their profit engines.

Resurgent car maker Jaguar Land Rover is poised to confirm this week that it will build a £400m engine plant in the British Midlands that will create up to 2,000 jobs, it was reported today.

Car maker Jaguar Land Rover today said its turnaround in fortunes continued after soaring sales in China and Russia offset falls in the UK.

Jaguar Land Rover is celebrating a turnaround in fortunes after the British car maker reported pre-tax profits of more than £1bn (€1.15bn).

Indian engineering will play a role in the design of new Jaguar Land Rover engines, Tata Motors chief executive Carl-Peter Forster said today, a long-term threat to Ford which is now under contract to supply JLR engines.

European Union regulators have given Chinese manufacturer Geely the go-ahead to buy Sweden’s Volvo Cars.

Carl-Peter Forster will take over as group chief executive officer of India’s Tata Motors, with responsibility for all global operations including the troubled Jaguar and Land Rover brands, the

Jaguar Land Rover boss David Smith has stepped down, the car maker announced today.

The Indian owner of Jaguar Land Rover today said it slumped to losses of £267m (€312m) in the year to March 31 as the global downturn punishes the car industry.

The world’s cheapest car made its official debut today with makers Tata hoping for massive sales.

Excitement was growing in India today for the launch of the world’s cheapest car.

British steelmaker Corus is to cut up to 3,500 jobs this week in one of the biggest blows yet to the faltering manufacturing sector, it was reported today.

The Indian owners of Jaguar Land Rover (JLR) have agreed to pump “tens of millions” of pounds into the luxury car brand to prevent a cashflow crisis, it was reported today.

Car maker Jaguar Land Rover (JLR) today confirmed plans to cut 198 jobs from its UK workforce of around 15,000.

Indian company Tata Motors is to take over the running of motoring marques Land Rover and Jaguar in a deal worth around £1.15bn (€1.5bn).

INDIA’S Tata Motors yesterday unveiled its $2,500 (€1,695) car, an ultra-cheap price tag that brings car ownership into the reach of tens of millions of people.

India’s Tata Motors unveiled the world’s cheapest car today, with a €1,665 price tag that suddenly brings ownership into the reach of tens of millions across the world.