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Audi to build cars that can predict the future

Audi is hoping to make traffic jams, parking and city centre navigation much easier with a new suite of technology called Audi Urban Intelligent Assist (AUIA), while Audi traffic Light Online helps you avoid red traffic lights. Combining the work of its own Electronics Research Laboratory in Silicon Valley with four leading US research universities, the eventual aim is that this new technology will essentially be able to predict the future. On Bing: see pictures of Audi Urban Intelligent Assist On Bing: see pictures of Audi Traffic Light Assist The ideas is that with constant and continual traffic analysis in the world’s biggest cities, Audi Urban Intelligent Assist will learn to anticipate the optimum time for your journey, and then use the most lightly congested routes to get you there.

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.

Toyota recalls up to 17,000 Lexus HS 250h models for fuel-leak risk

Toyota Motor Corp. plans to recall 17,000 Lexus HS 250h vehicles from model year 2010 after discovering excess fuel leakage during government rear-impact crash tests. It is the latest safety setback for the world's largest automaker.