Mercedes Slk 250 R172 2.2d Auto 2014 A/c Air Con Compressor Pipe A1728303415 on 2040-parts.com

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.

Maserati GranCabrio MC, Maserati Levante & Maserati Ghibli: Paris 2012

Maserati has revealed the GranCabrio MC at Paris 2012 and revealed new names joining the current Maserati line-up – Levante & Ghibli. The GranCabrio MC is, more or less, the open-topped version of the GranTurismo MC Stradale and gets the same powertrain setup, with a 453hp, 4.7 litre V8 with 520NM of torque. But it doesn’t get the automated manual of the  GranTurismo MC and instead gets a more ‘comfortable’ regular auto ‘box.

VW & Audi sell 100,000 diesel cars in the USA for the first time

VW & Audi sell 100,000 diesel cars in the USA for the first time Until very recently, a diesel engined car in the USA was as rare as hen’s teeth; Americans felt much the same as we used to about diesel-engined cars – fit only for commercial vehicles. But from a slow start, VW Group of America is gradually changing the mindset of American car buyers and now, 36 years after the first VW diesel was sold in the US, the VW Group have sold more than 100,000 diesel-engined cars in the USA in a year for the first time. With 12 Audi and VW diesel models on offer in the States – including new arrivals Audi arrivals like the Audi Q5 TDI, A6 TDI, A7 TDI and A8 TDI models – its seems the USA may now be heading down the route the UK went a few years ago, where a majority of car buyers in the UK feel the default buy is a diesel.