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Bugatti Veyron Centenaire heads for Geneva – Rumour!

I have to say rumour, because Bugatti are not exactly reliable with information! We’ve heard rumours before that they are producing a ‘Sang Noir’ version of the Targa-Topped Grand Sport, but they’ve gone quiet on that. But now we’re hearing solid rumours, as Bugatti is 100 years old this year, that they are going to be showing a very special anniversary edition of the Veyron – The Bugatti Veyron Centenaire – at Geneva ‘o9 next month.

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.

Volkswagen to take over Porsche

VW now seem set to take control of Porsche Porsche need a way out of the hole they are in and VW is the best way out. The two warring side of the Piech family – owners of VW and Porsche – now appear ready to swallow hard and see the inevitable happen. But will it be so bad?