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Carpartsoutlet, CA, US
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Jaguar Land Rover raise £500 million to fund expansion
Fri, 23 Mar 2012Jaguar 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.
Lamborghini LP700-4 (2011): the rolling chassis
Wed, 23 Feb 2011Lamborghini continues the long drip-feed on the new V12 supercar replacement for the Murcielago with this first picture of the carbonfibre rolling chassis. In this week's edition of motor show teaser photography, Lamborghini has started with a naked LP700-4 chassis, prior to next week's reveal of the fully clothed new V12 supercar. You can clearly see the new pushrod suspension, the carbonfibre chassis, subframes snd the suitably enormous wheel and tyre package. None at this point. CAR's Gavin Green has driven one of the prototypes (see the January 2011 edition) but it will be at next week's 2011 Geneva motor show where the world gets its first clear look at the new Lamborghini.
Audi RS5 TDI Concept gets electric turbo and 380bhp
Wed, 28 May 2014The Audi RS5 TDI Concept (pictured) gets an electric turbo It’s two years since Audi revealed it was working on an electric turbo to be used in a twin-turbo setup, with the electric turbo able to offer boost pressure from much lower down the rev range than a normal turbo. That has turned in to the Audi RS5 TDI Concept, where Audi has replaced the normal RS5‘s V8 with a 3.0 litre TDI engine with a small electric turbo for low rev work and a bigger turbo to do the higher rev stuff. The electric turbo works from the off to provide maximum torque of 553lb/ft from just 1250rpm, before the bigger normal turbo takes over at 3,000rpm to continue the boost.