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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.

VW Up! to launch at Frankfurt 2011

The VW Up to Launch Frankfurt 2011 It seems like an awfully long time since Volkswagen announced to the world that it was going to make a small range of city cars to cope with modern eco-sensibilities and recession-motivated downsizing. In fact as long ago as April 2009 we reported that VW were to make the Up! in Bratislava with a range of super-eco three-pot engines.

Green Car Award Winners – all more polluting than a Porsche 911

The Porsche 911 Carrera - less polluting than the What Car Green Car Award Winners Earlier today we did a round-up of this year’s What Car Green Car Award winners. Which many find of interest as they believe the right thing to do is buy a car with low CO2 emissions. Regular readers will know that we are not impressed with the obsession with CO2 and want Governments to stop taxing motorists based on the nonsense that CO2 is harmful, and instead base taxation and future objectives for the car industry on what really matters – emissions from cars that are detrimental to health.