Brand New Original Yamaha Yrk08 Racing Oval Key Ring New Rare Genuine 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.

Hyundai Veloster roof recall expands

Hyundai is recalling more 2012 Veloster hatchbacks with panoramic sunroofs to fix a weakened assembly that may cause the sunroofs to shatter while driving. The recall impacts 6,071 Velosters manufactured from July 4-Oct. 31, 2011.

Theory test fee to fall

LEARNER drivers will have to fork out less for their theory tests - saving would-be motorists around £100 million over the next decade. The cost of a theory test is being slashed by 25% in October, taking the cost down from £31 to £25, and with a further drop of £2 lined up for October next year. Theory test fees for motorbikes and other vehicles are also set to be cut, a spokesman said.