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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.

Aston Martin V12 Vantage Roadster out in London (video)

The new Aston Martin V12 Vantage Roadster has been caught out and about on London’s streets, on film and on video. Last week saw the arrival of the Aston Martin V12 Vantage Roadster as a limited edition convertible version of the V12 Vantage. For now, at least.

2014 (or is it 2015?) Ford Mondeo to launch in UK & Europe late 2014

The new Ford Mondeo will now arrive in the UK in late 2014 The story of the new Ford Mondeo for the UK Europe (which should have been the 2013 Mondeo but will end up as the 2014 or 2015 Mondeo) has been a bit tortuous. Despite the new Mondeo being on sale in the US as the Ford Fusion since summer 2012, and in China since summer 2013 (and the reveal of the production version of the Mondeo over two years ago and a set of new Mondeo photos too), Ford’s decision to shut up shop at Genk in Belgium – the Mondeo’s traditional manufacturing plant – meant there was no way to give Europe the new Mondeo. So we’ve had to wait for Ford to sort out production lines in Valencia to build the new Mondeo but now, according to Mark Ovenden – Ford’s UK boss – the new Mondeo will arrive in the third quarter of 2014 in the UK and Europe.