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Toyota Motor Corp. reportedly plans to launch two variants of its Prius hybrid in the United States by 2013 as it ramps up plans to leverage its gasoline-electric drivetrain technology to meet stricter emissions standards. One of the new hybrids will be bigger than the Prius, the other smaller, the Wall Street Journal reported, citing unidentified dealers who attended this week's national dealer conference in Las Vegas.
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.
Alfa Romeo release UK prices for the MiTo MultiAir Alfa Romeo has been threatening the MultiAir engines for the MiTo for ages (last June!) and have even launched models featuring the new engines. But it’s taken them until now to get round to giving us prices for the new MiTo range. Just to refresh your memory, the MultiAir engines for the MiTo work by improving combustion and engine management resulting in improved performance and torque and improved economy with lower emissions.
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