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Toyota previews two new Geneva-bound concepts

Toyota has released the first images of its FT-86 Open and i-Road concepts ahead of their debuts at the upcoming Geneva motor show. The carmaker's FT-86 Open concept previews a potential future development of the GT86 sports coupe. Toyota is using the concept to gauge public reaction while carrying out engineering tests on a prototype.

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.

Kia Carens

Kia's total range overhaul is now complete as the new Carens C-segment MPV joins the Korean manufacturer's brochures at the Paris motor show. Based on an all-new platform, the Carens offers the choice of five or seven seats, covering off other manufacturers' 'normal' and 'grand' models with one bodystyle. Design-wise it's most closely aligned to the latest C'eed, with similar, pulled-back lamp graphics and pouting grille.