AUTOS: Cream for a Fast Cat

At London's Motor Show last week, the cars that drew the biggest crowds were the racy, low-slung sport models. None got more attention than Jaguar's fast, sleek XK120, which for three years has held the world's speed record (132.6 m.p.h.) for passenger cars. But it was more than speed that made Britons admire the Jaguar; as the Manchester Guardian noted proudly, the Jaguar is "doing a roaring dollar trade." It is now one of the British motor industry's biggest dollar earners.

The U.S. demand is so great that Jaguar Motors Ltd. last week...

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