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Land Rover can’t keep up with demand for Range Rover & Range Rover Sport

There’s a 9 month waiting list for the new Range Rover Sport (pictured) The Range Rover has been a big success for Land Rover in recent years, and the launch of the new Range Rover last year – even with big price rises – has seen demand soar to unprecedented levels. Good news for JLR. To add to that, the arrival of the all new Range Rover Sport – this time based on the new Range Rover instead of the old Discovery – has seen the RRS turn from a footballers wife’s car in to a proper sporty SUV, one that can take on the likes of the Porsche Cayenne and BMW X5 on-road and obliterate them off-road.

Bondholders snub GM, bankruptcy filing likely

Nowhere near enough General Motors bondholders agreed to exchange their debt for stock before a midnight Tuesday deadline, making a bankruptcy filing by the automaker highly likely. GM had set a threshold of 90 percent of the $27 billion in bond debt it wanted to exchange for 10 percent of the stock in a reorganized company for the deal to take place. In a statement Wednesday, GM said the amount of notes tendered was substantially less than the 90 percent target.

Jaguar Land Rover aiming to double sales

Jaguar Land Rover plan to double sales We’ve got so used to reporting ever increasing sales for Jaguar and Land Rover that it comes as no big surprise that JLR are planning to double car sales by 2020. A few years ago such a figure would have been risible, but since Tata took the helm from Ford in 2008 the focus at JLR on creating a world beating brand and product has been unshakable. Tata got off to a good start with the Jaguar XF replacing the S-Type, and the new Jaguar XJ showing just how good a big luxury car can be to drive.