NEW YORK TIMES
Jaguar P.L.C., the British luxury car maker, said today that its profits last year declined mainly because of the cost of redesigning its XJ-6 line of cars, which will be introduced in North America this month. Jaguar’s 1986 pretax profits were $189.6 million, down slightly from $190.4 million in 1985. A company spokesman said the decline was mainly the result of the $17 million cost of developing the more fuel-efficient XJ-6 cars, Jaguar’s first new models in more than a decade.
Is the Editor of the Parkers website and price guide, formerly editor of Classic Car Weekly, and launch editor/creator of Modern Classics magazine. Has contributed to various motoring titles including Octane, Practical Classics, Evo, Honest John, CAR magazine, Autocar, Pistonheads, Diesel Car, Practical Performance Car, Performance French Car, Car Mechanics, Jaguar World Monthly, MG Enthusiast, Modern MINI, Practical Classics, Fifth Gear Website, Radio 4, and the the Motoring Independent...
Likes 'conditionally challenged' motors and taking them on unfeasible adventures all across Europe.
Latest posts by Keith Adams (see all)
- Blog : Rover 75 shown to the world – and torpedoed - 21 October 2018
- Concepts and prototypes : MG Rover RDX60 (2000-2005) - 21 October 2018
- The cars : MGF and TF development story (PR3) - 2 September 2018