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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.

Elio three-wheeler claims 672 miles on one tank of fuel

Elio Motors thinks its new three-wheeled vehicle will be the next big thing in transportation. Before your eyes roll out of your head, let's look at the claims. Top speed -- more than 100 mph.

Cadillac CTS-V Estate / Wagon official

The Cadillac CTS-V Wagon / Estate will debut at the New York Motor Show After Bob Lutz’ comments that the Cadillac CTS-V will come in any flavour you want, we’ve known that not only will there be a CTS-V Coupe – which was officially revealed in January at Detroit – but that there would be a Cadillac CTS-V Wagon as well. The arrival of the CTS-V Estate became certain when we got hold of spy photos of the CTS-V Estate and now Cadillac has issued official pictures of the load-lugging, barn-storming Wagon ahead of its official reveal at the New York Motor Show this week. Cadillac aren’t calling the New York Show Car a Concept, but nor do they consider it a production version.