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Yanfeng Visteon to unveil Glide concept car at Car Design Night Beijing

Yanfeng Visteon is set to reveal its Glide project at Car Design News' Car Design Night in Beijing on 23 April, the evening of the first Beijing auto show press day. The project was developed with fashionable individuals within densely populated Chinese cities in mind, with its approach specifically inspired by Chinese fashion. Yanfeng Visteon, a Tier 1 supplier, describes the vehicle as a response to the question, "What are the unique cultural and design elements to define 'premium' and 'sportiness'?" Check back on Monday for further details of Yanfeng Visteon's answer to its question.

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.

NHTSA funds development of alcohol-measuring start button

The National Highway Traffic Safety Administration awarded Takata-TruTouch some $2.25 million to continue to develop its In-Vehicle Alcohol Detection test, the company said. Takata, a safety and technology company, and TruTouch have created a vehicle start button with an integrated infrared sensor that can measure your blood-alcohol content. If the reading exceeds legal limits, the system can disable the starter.