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.