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Jaguar Land Rover sorts its finance

Tata has secured £175 million private funding for Jaguar Land Rover But it is now being reported that JLR has managed to secure £175 million in private funding, obviating the need to succumb to Government interference in its business. Which has got to be good news for the JLR workforce – at least for now. Jaguar and Land Rover are very much on the up.

Sergio Pininfarina exhibition to open in Maranello

The late Sergio Pininfarina will be honored in a three-month special exhibition at the Ferrari museum in Maranello, Italy, from 26 October. The ‘Grandi Ferrari di Sergio Pininfarina' – Sergio Pininfarina's great Ferraris – exhibition will feature his classic designs and current Pininfarina evolutions in three halls: Concept Cars, Motorsports and Grand Touring Cars. The Concept Hall will be filled with famous designs such as the Modulo, the P6 and the four-door Pinin concept.

Peugeot unveils hybrid Le Mans racer

By Ben Whitworth First Official Pictures 15 September 2008 12:20 Peugeot has unveiled a new hybrid-powered 908 HDi FAP racer at the final round of this season’s Le Mans Series. Shown off at Silverstone this weekend the hybrid 908 features a similar kinetic energy recovery setup to next year’s Formula 1 system. The 908’s ‘HY’ undertook a number of demonstration laps in front of the packed grandstands and showed how Peugeot’s passenger car technology is filtering through to its motorsport activities.