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Ford sales rise 40 percent, Chrysler up 61 percent as industry rebounds

Ford Motor Co. posted a 40 percent increase in U.S. sales last month and Chrysler Group soared 61 percent as the industry showed signs of rebounding from an August slump.

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.

Nissan LEAF to be joined by four more electric Nissans

The Nissan LEAF (pictured) will be joined by 4 more electric Nissans The Nissan LEAF may be the most successful electric car in the world, but the numbers Nissan manages to sell are still tiny. But in a clear indication that Nissan still believes there’s a future for the electric car as a replacement for the ICE car, they’ve revealed they have plans for four further EV models. Three of those models are already clear; an Infiniti with the electric drivetrain from the LEAF, an electric version of the NV200 van and the LEAF itself.