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2013 Range Rover deliveries start at JLR’s new Handover Centre

The first UK deliveries of the 2013 Range Rover have taken place at Jaguar Land Rover’s all new Handover Centre in Solihull. The new JLR Handover centre is JLR’s answer to the experiences premium German marques offer buyers, with a new car collection becoming a real ‘event’ instead of just a bunch of keys and a quick chat at your local dealers. Buyers of new Land Rovers who are happy to cough up £1200 when they order their new car at their dealers can now take delivery at JLR’s all new high-tech building, standing at the Lode Lane entrance of JLR’s Solihull facility.

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.

Commute times increasing

COMMUTING times are starting to creep up after falling back during the recession, a new study has shown. Research by the TUC union revealed that men in their early 40s spend longest getting to and from work, at an average of more than 67 minutes a day. Commute times for women peak in their late 20s at 54 minutes and then start to fall as they get older, said the report.