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Jaguar Land Rover – Clever Finance Deal
Mon, 16 Nov 2009JLR 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.
2014 Corvette designer Kirk Bennion on resonance, legacy and the ever-evolving Vette
Tue, 05 Mar 2013The way Kirk Bennion tells it, the Corvette is the only car that's steeped in history yet chooses to largely ignore it. Well, "ignore" is a harsh word. Let's say the Corvette "progresses past history" through the liberal use of aerodynamics, which the chief designer can't resist talking about -- first at the Autoweek Design Forum, then in our Feb.
Range Rover Evoque gets price drop for 2013
Fri, 05 Oct 2012Land Rover has sold more than 6,000 Range Rover Evoque SUVs so far this year, making it the company's second-best seller behind the Range Rover Sport. To keep the momentum going, Land Rover has lowered the base price for the small SUV by about $2,000 for 2013, to $41,995. That's the price for the five-door Pure model, which eliminates the laminated-glass roof in favor of aluminum.