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MINI’s Olympic Marketing Masterstroke
Wed, 08 Aug 2012BMW has spent £40 million sponsoring the 2012 London Olympics, but it’s a small fleet of remote controlled MINI’s that provide the value. BMW has done all it can to promote its sponsorship of the 2012 London Olympics, and with a spend said to be in the region of £40 million, who can blame them? But it’s not just local shopkeepers and enthusiastic small businesses that are hamstrung by Olympic rules on advertising, the Olympic sponsors are too.
Citroen DS3 Cabrio Racing 'concept' (2013) first pictures
Wed, 10 Jul 2013Citroen will show a 'concept' version of the DS3 Cabrio Racing at the 2013 Goodwood Festival of Speed – though it looks all but production ready to us. The DS3R Cabrio uses the same 202bhp 1.6-litre engine as the DS3R hot hatch, but weighs an extra 25kg thanks to the folding rood conversion. Citroen DS3 Cabrio Racing: the details The DS3 R Cabrio is mechanically identical to the hard-top DS3 R, with the same six-speed manual gearbox, Citroen Racing-tuned chassis, and uprated brakes.
Jaguar Land Rover – Clever Finance Deal
Mon, 16 Nov 2009JLR releases £170 million by financing cars in transit Car makers have been begging lines of credit from wherever they can in the last year as the recession has bitten hard in to their finances. Jaguar Land Rover started off down the Government Loan route, but it soon became clear that the strings attached to any Government sourced finance where unacceptable. But in a sign that the future of JLR looks pretty rosy JLR managed to secure £175 million in private financing back in August as part of a bid to raise £500 million, and Tata have refinanced the loans used to acquire JLR.