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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.

BMW X6 show debut

By Gavin Green First Official Pictures 14 January 2008 01:34 Affluent German makers now try the shotgun rather than the sniper’s approach to new model sectors – fire enough speculative models out into the market, and some are sure to hit the target. We’ve had sports activity vehicles, urban activity vehicles and just about every other type of crazy crossover as carefully focused as a blunderbuss. Now BMW invents yet another niche – the sports activity coupé.

Audi RS6 Avant is the Audi R18 e-tron quattro for the road (video)

Audi compare the Audi R18 e-tron quattro (pictured) to the RS6 Avant We’re not entirely sure how Audi has come to the conclusion that the RS6 Avant is comparable to the Audi R18 e-tron quattro, but they have. In a new video to promote the RS6 Avant – perhaps the pick of the crop of current uber-estates – Audi has the e-tron quattro out on the road in a series of familiar everyday pursuits. So we get the e-tron quattro waiting patiently to collect hubby from the airport, as the c ar to drive to the hills to ride a mountain bike, outside a hotel with luggage on the pavement, collecting the kids from school, parked on the river bank for a fishing trip and as a dog transporter.