Arias Pistons 12.5:1 Compression 82mm Bore Honda B-series 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.

Banks Power joins Mike Ryan Motorsports for Pikes Peak run

Gale Banks is heading back to the Pike’s Peak International Hill Climb on June 30. Banks has partnered with Mike Ryan Motorsports and his Freightliner Cascadia Class 8 semitruck racer. Semis race in the Pikes Peak Open class, which is reserved for cars and trucks that look stock from the outside but retain little of the original design.

AC Ace (2006) first official pictures

By Richard Yarrow First Official Pictures 15 December 2006 09:30 Smart Roadster reborn as an AC It was only axed last year, but the Smart Roadster has sprung back to life as this – the all-new AC Ace. The band of British enthusiasts behind the project aim to start production of the rebodied sports car in mid-2007, with prices from £12,000 to £19,000. A deal to buy the rights and tooling jigs for the axed two-seater from parent company DaimlerChrysler is about to be signed, and there will also be a convertible version.