Precision Auto 513234 Front Wheel Bearing & Hub Assembly on 2040-parts.com
Englishtown, New Jersey, US
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Jaguar Land Rover raise £500 million to fund expansion
Fri, 23 Mar 2012Jaguar 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.
Hennessey Venom GT2 to bring 1,500 hp
Mon, 26 Nov 2012Hennessey The Hennessey Venom GT2 will debut in late 2013 from Texas tuner Hennessey Performance Engineering. The already-bonkers Corvette-powered Lotus will now house a twin-turbocharged 7.0-liter V8 making an unthinkable 1,500 hp. Hennessey didn't reveal the weight but says that the Venom GT2 has more than one horse per 2.2 pounds (1 hp/kg).
Porsche driver Hans Herrmann, Autoweek columnist Denise McCluggage inducted into Sebring Hall of Fame
Fri, 16 Mar 2012Porsche great Hans Herrmann was inducted into the Sebring Hall of Fame, two days prior to the 60th anniversary of the 12-hour race. He was joined by Geoff Brabham, Autoweek columnist Denise McCluggage, Johnny O'Connell and Jim Downing. Herrmann's racing career spanned from 1953 to 1970.