2006 Chevy Uplander Speedometer Instrument Cluster Gauges 2607923 on 2040-parts.com

New Mercedes SLS planned – & it won’t be a hybrid

AMG’s Tobias Moers has confirmed that a new Mercedes SLS is planned – as is a sub-SLS SLC – but it won’t come with hybrid power and electric assistance. But the Mercedes take on a supercar – the Mercedes SLS – isn’t set to go down the KERS route ant time soon according to AMG’s Director of Vehicle Development, Tobias Moers, who said that a next generation SLS – which is under development – would rely on weight saving and engine tweaking, just like the new Mercedes SLS AMG Black Series (pictured above), rather than electric assistance for its performance. Moers also said that Mercedes and AMG realised that the AMG brand doesn’t have the cachet of Ferrari and they have no plans to produce a car to go head to head with LaFerrari (or even the McLaren P1) so we won’t be seeing a hyper-SLS pushed upmarket in to the firing line of Ferrari any time soon.

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.

EV battery maker A123 files for bankruptcy

Lithium-ion battery maker A123 Systems Inc. filed for Chapter 11 bankruptcy protection on Tuesday in U.S. Bankruptcy Court in Delaware.