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Ferrari 458 Italia to get folding Hard Top

Looks like the Ferrari 458 Italia Spider is getting a folding hard top You don’t need to be a supercar guru to know that Maranello’s latest mid-engined wonder – the Ferrari 458 Italia – is going to spawn a convertible version in the not too distant future. And if you claim to be a Ferrari aficenado you can probably proclaim – with reasonable certainty – that it will be a rag-top Spider. But it looks like you could be wrong.

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.

Tesla reveals prices for the Model S EV

Tesla Model S Price Revealed The Tesla Model S finally has a proper price attached to it, with the base model starting at $57,400 and the range topper coming in at $87,400. It’s easy to take the mickey out of Tesla and their promise of an electric car nirvana with the Model S. The prices Tesla has always quoted revolve round a four seat, four door luxury executive express coming in at a frankly unbelievable sub $50k.