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Rumor mill: Porsche 928 successor on the way?

Porsche is reportedly planning a spiritual successor to the front-engine, rear-drive 928 coupe, according to U.K. magazine Autocar. The new grand tourer, which could wear the 929 nameplate, will be based on a shortened version of the Porsche Panamera platform and will be offered in both coupe and convertible body styles.

Lexus LF-A – revealed +video

The Lexus LF-A - a V10 Supercar - has been revealed in Tokyo Until Lexus announced it was bringing a Supercar to Tokyo, that is. After four years of waiting and endless spy shots of the LF-A pounding round the Nurburgring we finally see the official reveal of the Lexus LF-A. A glorious 4.8 litre V10 Supercar with 552bhp, 354lbs/ft of torque, a 9,000 rpm redline, a six-speed sequential ‘box, a 0-60mph time of 3.5 seconds and a top speed of over 200mph.

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.