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Volkswagen Neeza concept
Mon, 20 Nov 2006By Phil McNamara/Georg Kacher First Official Pictures 20 November 2006 09:00 VW Neeza concept: the lowdown Volkswagen is developing a Ford S-Max rival – and this Neeza concept gives a clue to its thinking. Designed in China and unveiled at the Beijing motor show, the Neeza is a five-seat crossover MPV. And that's the exact concept that's under development by Volkswagen's R&D team, with a launch target of 2009.
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.
2014 Acura RLX Sport Hybrid to make 377 hp
Tue, 19 Nov 2013The 2014 Acura RLX Sport Hybrid will make its debut at the Los Angeles Auto Show this week. It will feature a new three-motor hybrid system and Acura's torque-vectoring Super-Handling All-Wheel-Drive, along with 377 combined hp. The RLX continues with Acura's 3.5-liter V6 making 310 hp with variable cylinder management.