Right Passenger Side Replacement Tail Light 98-02 Oldsmobile Intrigue 16524098 on 2040-parts.com

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.

Nissan Ellure concept

The Ellure is one of the most significant new car concepts to be unveiled at this year's LA auto show. A D-segment-sized sedan, the project has seen input from both Nissan's studios in Japan and NDA, where the concept was completed. According to NDA design chief Alfonso Albaisa, the concept explores a new global design language Nissan is working towards for its range of sedans.

Renault Megane Renaultsport 275 Trophy – heading For Goodwood FoS 2014

Megane Renaultsport 275 Trophy (pictured) aiming for a Nurburgring record Renault teased the Megane Renaultsport 275 Trophy on social media last month, but now it’s arrived – and it’s going to have a busy summer. Apart from a  debut at the 2014 Goodwood Festival of Speed next month, Renault are planning to take the 275 Trophy to the Nurburgring to try and grab back the lap record for a production front wheel drive car from the SEAT Leon Cupra 280. With that in mind, Renault has given the 2.0 litre Turbo in the Megane Renaultsport 275 Trophy a bit of a tweak to yield 271bhp hoping that will be enough to beat the current 7:58.4s record.