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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.

Range Rover by Overfinch has 30% higher residuals than a standard Range Rover

The 2014 Overfinch Range Rover (pictured) keeps its value It’s generally considered that money you spend on enhancing a new car by getting one of the plethora of customisers to add interesting bits is money down the drain. But as we reported back in 2012, that’s definitely not the case with the Range Rover by Overfinch. In fact, the last model of the Range Rover had residuals a full 23 per cent more if it was an Overfinch version rather than a regular Range Rover, which made opting for an Overfinch makeover almost a no-brainer.

131 new cars for 2008

By Georg Kacher Motor Industry 31 January 2008 14:30 Will 2008 be a good year for new cars? You bet. Our European editor Georg Kacher has the lowdown on all the new metal due this year and we can spill the beans on all 131 new cars.