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Tata says hello with the Tata Nano Europa

The Tata Nano Europa - expected to come to Europe as a sub £5k car [ad#ad-1] Tata has had a pretty torrid time of late, what with problems in India and the decimation of the world car markets, which has badly affected sales of its recently acquired Land Rover and Jaguar marques. But as we reported last week, they have just landed a huge contract to supply Jaguars and Land Rovers to the Chinese, which will ease problems at JLR, and now they’re on a world-domination cheapest-car quest with the Nano Europa. The Nano Europa is the version of the little Tata that is going to be launched in Europe, and has just previewed at Geneva 2009.

Jaguar Land Rover – Clever Finance Deal

JLR releases £170 million by financing cars in transit Car makers have been begging lines of credit from wherever they can in the last year as the recession has bitten hard in to their finances. Jaguar Land Rover started off down the Government Loan route, but it soon became clear that the strings attached to any Government sourced finance where unacceptable. But in a sign that the future of JLR looks pretty rosy JLR managed to secure £175 million in private financing back in August as part of a bid to raise £500 million, and Tata have refinanced the loans used to acquire JLR.

2011 Subaru Impreza WRX gets the wide-body look of the STI

The 2011 Subaru Impreza WRX will look more like the WRX STI model by adopting the STI's wide-body look, including a wide track front and rear, and wider tires. The front and rear tracks of the 2011 WRX are 1.5 inches wider, compared with the 2010 model. Wheel diameter remains at 17 inches, but the wheels get an inch wider at 8 inches.