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Rowland Heights, California, US
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Koenigsegg One:1 (2014) first official pictures
Fri, 28 Feb 2014By Ollie Kew First Official Pictures 28 February 2014 14:00 Stand well back. This is the Koengisegg One:1, and it may well need a team of lion-tamers to restrain it from leaping clean off its Geneva motor show stand and picking a fight with the McLaren P1, LaFerrari and Porsche 918. You’re looking at, according to Koenigsegg, the new fastest road car in the world.
Jaguar Land Rover raise £500 million to fund expansion
Fri, 23 Mar 2012Jaguar 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.
2012 BMW M5: Now BMW make the M5 official
Wed, 15 Jun 20112012 BMW M5 - Officially £73k The launch of the 2012 BMW M5 was planned for next week at the M Festival at the Nurburgring. But the best laid plans… This morning we reported on a leak of official photos of the new BMW M5 – a decent selection, if a bit low-res – and speculated that BMW would end up making the new M5 official sooner rather than later. And they have.