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Fleet-footed Ford speeds tech developments for advanced work vehicles

From supplying Kraft Foods with 2,500 Fusions to leading police fleet sales for 15 years, Ford is the major player in the fleet market--and it intends to keep things that way. “Fleet is not a bad word at Ford,” said Mark Fields, Ford's president of the Americas. “It's like anything else in life--done in moderation, it can be very healthy.” In 2009, Ford had the largest share of U.S.

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.

A profile of Steve McQueen: Autoweek archives

For today's Autoweek archive feature, we are highlighting an article by Denise McCluggage from February 1981. McCluggage knew McQueen and recalls her encounters with the “King of Cool” through the years until his death. Before becoming a star, McQueen and McCluggage met over their mutual love of automobiles, more specifically the MG-TC, which both subsequently owned.