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Jaguar Land Rover raise £500 million to fund expansion
Fri, 23 Mar 2012Jaguar 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.
CDN-GM Interactive Design Contest 2013 – Cadillac Brief [w/Video]
Thu, 22 Aug 2013Tomorrow is the day you've all been waiting for – the launch of the CDN-GM Interactive Design Contest – and so we bring you details of the penultimate brief for Cadillac. Brief Three: Cadillac ‘Looking 12 years into the future – while considering global luxury customers, competitors and trends – how would you evolve the Cadillac Art and Science exterior design language based upon your interpretation of the brand along with incorporating unique American equities and luxury values?' You should consider delivering a visually premium aesthetic through restraint and timelessness, but in a way that is dramatically Cadillac and most importantly celebrates the beauty of the car. The final proposal is worth 30 percent of the overall mark and includes a brief summary of the target customer, key competitors and luxury trends, and an image board on at least two of the following: Visual Craftsmanship; Modern Automotive Beauty; Visual Restraint and American Luxury.
CAR reader reporters at the London motor show
Fri, 25 Jul 2008CAR sent four reader reporters to the London motor show 2008. Check out their musings and rate their efforts at CAR Online By Tim Pollard Motor Shows 25 July 2008 12:45 A team of CAR reader reporters joined us at the international press day of the London motor show earlier this week – and you can now rate their reports live on CAR Online. You might be familiar with their user names: asp, carcare, jacomoseven and Sandy T won an exclusive competition at CAR Online to win golden tickets to media day, and they rubbed shoulders with the world's media as cars like the Lotus Evora, Honda OSM and Ford Focus RS were unveiled.