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Volvo V40 range gets new Drive-E engines

From May this year Volvo will update its V40 model, equipping the premium Swedish hatchback with its range of high-efficiency Drive-E engines and Volvo’s latest eight-speed automatic gearbox. This means the revised V40 line-up now offers an impressive performance to efficiency ratio, with 190hp on offer in the D4 turbodiesel variant, returning a claimed 74.3mpg combined with 99g/km CO2 when mated to the six-speed manual. On Bing: see pictures of the Volvo V40 Find out how much a used Volvo V40 costs on Auto Trader This makes it even more efficient than the current, less powerful 177hp, 185g/km D4 turbodiesel.

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.

Car production hits million mark

A MILLION CARS have been produced so far this year in the UK, helped by a highly successful month in September. But manufacturing of commercial vehicles (CV) slumped more than 27%. A total of 140,888 cars were built in the UK in September 2013 - 9.9% more than in September last year, the Society of Motor Manufacturers and Traders (SMMT) said.