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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.

Is Keating heading for the record books?

By Ben Whitworth (photos by Alex McLoughlin) First Official Pictures 06 November 2009 08:49 Are we looking at the fastest car in the world? Maybe. British supercar maker Keating is taking on Bugatti with its latest iteration of the TKR, which the company hopes will crack 300mph – and earn it the title of fastest production car in the world.

Volkswagen GTI Roadster for Gran Turismo uncovered – gets 496 bhp

The Volkswagen GTI Roadster (pictured) is uncovered We revealed last week that VW were making their GTI Roadster from the Gran Turismo game in to a real car for the Worthersee show, and they have. Blurring the lines between the real and the virtual (which is the way all our lives are going) Volkswagen has taken the opportunity to build a real life GTI Roadster – without the constraints of a concept heading for production – and has come up with a tw-seater open roadster that has some design cues from the Golf but is shorter and a lot lower. Those deign cues extend to a a front end that looks like a squashed GTI with its headlights and grill on show with big air intakes, all of which conspires to make the GTI Roadster look even lower, emaner and wider than it is.