Factory Effex B4 Seat Cover 12-26126 on 2040-parts.com

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.

Chicago auto show: Ford Transit Connect van targets businesses

The demise of the Freestar (more commonly remembered as the Windstar) minivan left Ford without a small cargo carrier it could pitch to business and fleet customers who didn't need the hugeness of the E-series van. That gap in the product lineup gets filled this summer with the front-drive Transit Connect van--a product Ford has been selling in European and Asian markets for six years. Ford rolls out the U.S.

Chrysler's new problem is a shortage of vehicles

A two-month factory shutdown and the cash-for-clunkers government rebates accomplished a feat that had eluded Chrysler Group: It turned several slow-selling vehicles into scarce commodities. At the end of July, Chrysler had only a seven days' supply of Jeep Patriots, or 2,200 units, in dealer stocks. Sixty days is considered normal.