Sherman 3736-99-3 Grille Left Mitsubishi Lancer Sedan; 4-wheel Abs on 2040-parts.com

Tesla expands electric-car charger network

Tesla 20-minute “superchargers” will blanket the U.S. and Canada within two years, CEO Elon Musk said Thursday. Musk announced plans to greatly upgrade and expand the number of its superchargers in and between population centers of the United States and Southern Canada to link major cities via free electricity.

Volkswagen Taigun concept

Volkswagen has unveiled its new Taigun concept car at the Sao Paolo motor show, previewing a future B-segment SUV. The Taigun continues VW's new SUV aesthetic, first shown on last year's Cross Coupe concept, with a similar, full-width grille and lamp and very strong horizontal feature lines. Unlike the crossover Cross Coupe however, the Taigun follows a more traditional, upright SUV format.

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.