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Jaguar Land Rover to spend additional £250 million a year with UK suppliers

JLR to spend and extra £1 billion with UK suppliers The Range Rover Evoque phenomenon continues with Jaguar Land Rover announcing an extra £250 million additional annual spend with UK suppliers. Just last week we had the news that Land Rover’s Freelander 2 had hit sales of 300,000 since its launch in 2007, but if the Range Rover Evoque continues selling the way it has that figure will be eclipsed in half the time by the Evoque. And it’s sales of the Evoque – Land Rover has sold 60,000 Evoques in the first seven months on sale – that’s driving the need to spend more with suppliers and the announcement today that UK suppliers can look forward to an extra £250 million a year being spent to support the Evoque’s production at Halewood.

Hertz brings back rent-a-racer program with Dream Cars

In 1966 -- at the dawn of the horsepower wars -- Carroll Shelby made a deal with the Hertz Corporation to produce a line of Shelby GT350 Mustangs for rent. Later, the cars would be refreshed and repurposed for sale as GT350-H models. Just as the horsepower wars have returned, so has Hertz' rent-a-racer program.

Mercedes-Benz introduces nine-speed automatic gearbox

Mercedes-Benz has quietly slipped a new nine-speed automatic into its lineup as standard equipment on the European market E350 BlueTec. The new in-house produced unit, known internally under the name 9G-Tronic, has long been slated for selected Mercedes-Benz models. However, its existence was officially denied until the weekend, when Mercedes-Benz's German language website configurator went live with various updates for the E-class lineup -- including an entry signaling the 9G-Tronic is now available on the standard rear-wheel drive E350 BlueTec in place of the older seven-speed.