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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.
Vauxhall Astra VXR EXTREME heading for Geneva as the quickest Astra yet
Thu, 30 Jan 2014The Vauxhall Astra VXR EXTREME (pictured) is heading for a Geneva debut. The VXR range of Vauxhall’s – the sportiest of Vauxhall’s car range – is ten years old this year, so what better way to celebrate than with an even more extreme version of the Astra VXR. Vauxhall obviously agree as they’ve revealed the Vauxhall Astra VXR EXTREME as the new top of the range Astra VXR and it’s heading for a debut at the Geneva Motor Show in March before going in to limited production.
Lamborghini Gallardo LP560-4
Tue, 04 Mar 2008By Ben Barry Motor Shows 04 March 2008 20:35 What’s new on the Lamborghini stand? The Gallardo LP560-4. The 560 stands for the 560ps (552bhp) that’s come courtesy of the all-new 5.2-litre V10 engine (previously 5.0-litre and 520bhp – and 20kg heavier), the 4 relates to the four-wheel drive system that usually splits torque 30/70 front-to-rear.