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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.

Chrysler reveals SEMA projects

Chrysler teased a few of its SEMA vehicles in sketches earlier this month; now the company has unveiled its entire stand. Its display area at the Las Vegas Convention Center will show off 20 customized vehicles running the gamut from the Chrysler 300 to the Ram pickup and new Jeep Cherokee. The Ram Sun Chaser, in Vibrance Orange Blast and Brilliant Black, is based on the 1500 Quad Cab.

Honda Jazz Hybrid (2011) first official pictures

You're looking at the new Honda Jazz Hybrid, a new version of Honda's supermini, which takes the firm's tally of petrol-electric cars to four. Take that, Toyota. Honda will introduce the hybrid Jazz as part of a 2011 facelift.