Front Brake Drum 1936-1950 Chevrolet Chevy Truck New on 2040-parts.com

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.

All-new MINI dashboard goes mainstream (spy photo)

The all-new MINI – the third generation of the new MINI – is due later in 2013 and will be getting a more mainstream dashboard. Whatever you may think of the ‘new’ MINI – the one BMW make – it’s been a huge success. And it’s been a huge success because it’s managed to evoke the spirit of the original Issigonis Mini without being a pastiche.

U.S. auto sales continue to plunge in February

February sales for each of the top six U.S. automakers plunged more than 37 percent in February--the worst month since December 1981. "We are in an automotive depression amid 'The Great Recession,' " Standard and Poor's analyst Efraim Levy said in a report.