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2013 BMW 3 Series Touring arrives

2013 BMW 3 Series Touring BMW has revealed the new 2013 3 Series Touring, the estate version of the new 3 Series. Goes on sale in September in the UK. The car that makes BMW’s finances tick is the 3 Series, and we got an all new BMW 3 Series saloon last year so BMW could continue to dominate the sector it has owned for so long.

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.

McLaren to introduce 12C GT Sprint at Goodwood

McLaren is producing a 12C model that will slot in between the “basic” 12C and the all-out racing GT3 version called the 12C GT Sprint. It will be a track-focused supercar with enhanced suspension, cooling and aerodynamics. The GT Sprint starts with the basic McLaren 12C.