2006 Ford Freestar Air Bag ( Driver ) 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.

Dodhy motors warning to buyers

MORE THAN half of those seeking help for "dodgy deal" second-hand car purchases experience faults with their vehicle within a month of buying it, according to Citizens Advice. Essential repairs include smoke emerging from the engine, corroded brake pipes and snapped clutches. Of the 2,519 complaints to Citizens Advice about used cars in the first two weeks of September, a total of 83% were about faults.

Hyundai at CES 2011

Hyundai proved to be one of the biggest automotive surprises here at CES. While Audi and Ford have grabbed the headlines, it's clear that Hyundai isn't far behind, and on this evidence, may even be ahead in some areas of in-car electronics, before too long. The company unveiled its new ‘Bluelink' infotainment and telematics system as part of Tuesday's Consumer Telematics Show and this was being demonstrated on the company's show stand at CES too.