56045455ah Clkspring (chrysler) on 2040-parts.com

Jaguar Land Rover – Clever Finance Deal

JLR releases £170 million by financing cars in transit Car makers have been begging lines of credit from wherever they can in the last year as the recession has bitten hard in to their finances. Jaguar Land Rover started off down the Government Loan route, but it soon became clear that the strings attached to any Government sourced finance where unacceptable. But in a sign that the future of JLR looks pretty rosy JLR managed to secure £175 million in private financing back in August as part of a bid to raise £500 million, and Tata have refinanced the loans used to acquire JLR.

Honda Urban SUV Concept tease previews new baby Honda SUV

Honda has revealed a single sketch of an Urban SUV Concept that will debut at the Detroit Auto Show and previews a new baby SUV. The compact SUV, and sub-compact SUV market are growing strongly as car buyers eschew traditional small saloons and hatchbacks in favour of something perceived as a bit more rugged and more able to negotiate the urban jungle. So the tease photos of the Honda Urban SUV Concept – which will debut at the Detroit Auto Show in January 2013 – is pointing directly at a new baby Honda SUV likely to hit car showrooms in a couple of years time, and likely to be based on the new Honda Jazz.

Bahrain Grand Prix Cancelled – revealed on Twitter

2011 Bahrain Grand Prix Cancelled Bernie Ecclestone said the cancellation or not of this season’s F1 opener in Bahrain would be down to Crown Prince Salman bin Hamad bin Isa Al Khalifa who was in the best place to judge. But it was actually the Bahrain State’s Information Affairs Authority who made the announcement this afternoon that this year’s Bahrain Grand Prix – due to be staged at the Bahrain International Circuit on March 13th – would not go ahead. The announcement said that “Bahrain’s priority is on overcoming tragedy, healing divisions, and rediscovering the fabric that draws this country together.” Which seems a great deal more important than a bunch of rich guys driving round in circles for the world’s entertainment.