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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.

Maybach Zeppelin comes over the horizon

The Maybach Zeppelin - an even bigger waste of money than the standard Maybach Maybach has not exactly been an unmitigated success for Mercedes. Conceived as a competitor for Rolls Royce, it does seem to have carved itself a niche, but probably not the one that Mercedes wanted. Perceived by most as a tarted-up S Class, and bought by the wealthy of the Playstation generation, rather than the Captains of Industry that Mercedes envisioned, the Maybach must be a loss-maker for Mercedes.

Dodge Challenger SRT-8 (2008): first official pictures

By Ben Pulman First Official Pictures 07 February 2008 14:53 Finally the Dodge Challenger SRT-8 is here. Unveiled at the Chicago Auto Show this week the striped orange muscle car is running a Hemi V8. That means 425bhp and 420lb ft from 6.1-litres.