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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.

Hamilton wins Singapore Grand Prix

Lewis Hamilton take victory for a resurgent McLaren at Singapore The biggest losers of the day were probably Red Bull, who failed miserably to take advantage of Button’s poor grid position (and that of Barrichello, who started in 10th after a five place penalty for a new gearbox). Vettel managed to damage his car on the kerbs and acquired a drive-through penalty after crossing the white line exiting the pits. Team mate Webber’s brakes gave up on lap 49 and he went home with nothing to show for all his efforts in Singapore.

Jaguar C-X75 Revealed

The Jaguar C-X75 The Jaguar C-X75 has been revealed tonight ahead of its official reveal in the morning (which you can see Live on Cars UK) and it’s much more than we’d expected. Yes, we expected a pointer to Jaguar’s future, but the C-X75 is something else altogether; it’s a tour de force of all Jaguar believe they can be. True to its heritage, the C-X75 is ground-breaking and glorious.