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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.

Audi Quattro return planned for Frankfurt motor show

Audi is planning to return the Quattro to its lineup some 30 years after the original model first appeared, Autoweek sources say. September's Frankfurt motor show is shaping up as the likely backdrop for the reveal; the car looks like it could be one of the German automaker's most exciting cars in quite some time. Word is sales will start in 2014.

Ford Focus sells 1,500,000 in the UK

Ford Focus - 1,500,000 sold in the UK Ford has revealed that the 1,500,000th Ford Focus has rolled out since its launch in 1998 heading for Essex cricketer Jaik Mickleburgh. The Ford Focus has been something of a phenomenon for Ford in the UK and has now racked up sales of 1,500,000 in the UK since it hit UK roads back in 1998. Ford are shouting about the Focus’s achievements – quite rightly – and have sent the landmark Focus to Essex cricketer Jaik Mickleburgh, no doubt as part of Ford’s ongoing sponsorship of Essex cricket.