2002 Ktm Sx 125 Clutch Hub (d) 02 Sx125 on 2040-parts.com

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.

Ford's Mulally gets warm reception at CES

Ford CEO Alan Mulally introduced the Focus electric at the 2011 Consumer Electronics Show on Friday in a presentation that was short on details about the car and long on cures for range anxiety. That's partly because Ford is saving details about the car for next week' Detroit auto show, and partly because range anxiety figures to be a major reason for all but the most committed customers to avoid electric vehicles like the Ford Focus electric. Mulally managed to avoid using the term, but said Ford is confronting range anxiety head-on.

Famous drivers complete amazing driving stunt

A QUARTET of the world's most skilful drivers has stunned the car world with an incredible stunt on a pitch black racetrack edged by lights. Internet driving sensation Ken Block joined racing drivers Mike Rockenfeller, Augusto Farfus and Adrian Zaugg to lay on a sensational four-car stunt relay called Blackout. Within the four-stage indoor course, the drivers had to face a major obstacle in each: the Laser Tunnel, Laser Drift, Slalom and Laser Box.