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Kia Niro Concept points to a Kia Nissan Juke rival

The Kia Niro Concept (pictured) debuts at Frankfurt as a pointer to a new compact SUV Earlier this month we had a teaser from Kia for a new compact urban SUV heading for a debut at the Frankfurt Motor Show, and here its is – the Kia Niro Concept. Kia has obviously been careful with its concept naming this time after the storm in a teacup response to the Kia Provo last year, with a name that shouts ‘Famous Actor’ rather than ‘Famous Terrorist’. Sensible move.

Jaguar Land Rover raise £500 million to fund expansion

Jaguar Land Rover raise £500 million Jaguar Land Rover is raising £500 million on the bond market to fund its expansion, including new models and new facilities. Hot on the heels of the Jaguar Land Rover joint venture deal with Chery in China comes the news that Jaguar has dipped in to the private bond market to raise £500 million to help with its bold and bullish plans to make JLR a major world player in the premium vehicle sector. JLR plans to invest £1.5 billion a year on expansion and is making sure its coffers can cope by issuing £500 million of senior notes due in 2020, with the net proceeds of the bonds being used for general corporate purposes.

Cadillac Elmiraj Concept debuts over Pebble Beach weekend

When you spell it “El Mirage,” you're talking about the Southern California dry lake where many a hot rod hero made a name back in the day. When you spell it “Elmiraj,” you're talking about Cadillac's latest concept car, a powerfully lengthy coupe that hints at a return of the massive Eldorado from Caddy's past. Either way, it's a big statement.