215/60/r16 Sailun Ice Blazer Tires (set Of 4) 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.

Autoweek in review: What you might have missed

The rain-delayed Daytona 500 provided multiple headlines this year: Matt Kenseth won the big race, while Juan Pablo Montoya crashed into a jet dryer under caution and Brad Keselowski tweeted from his race car. It was a 500 to remember as NASCAR went prime-time on Fox on Monday night. Click here for all of the Daytona 500 coverage.

Mercedes A45 AMG: Official

The Mercedes A45 AMG – Mercedes’ first ’Hot Hatch’ – has been revealed ahead of a debut at Geneva 2013. It gets 355bhp and does 0-62mph in 4.6 seconds. The 2.0 litre turbo 4-cylinder engine under the bonnet of the A45 produces a very healthy 355bhp and 332lb/ft of torque, enough to scoot the A45 AMG to 62mph in 4.6 seconds yet still returns official economy of 34mpg.