90 Skidoo Formula 467 Lt Exhaust Muffler G36 on 2040-parts.com

BMW wins 2008 International Engine of the Year

By Ben Pulman Motor Industry 08 May 2008 10:21 BMW’s petrol twin-turbo 3.0-litre straight six has won the 2008 International Engine of the Year award. It’s the engine’s second successive victory and BMW’s record-breaking fourth consecutive win. BMW has scooped the top award in six of the last ten years.

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.

Honda opens Advanced Design Studio in Los Angeles

Honda inaugurated its new Advanced Design Studio in Los Angeles last week, coinciding with the LA auto show's first press day. It's the third design studio for the Japanese manufacturer in the region and is poised to lead the development of Honda's advanced automobile design activity. The new studio is located in the heart of Downtown LA, which has been experiencing a resurgence in the past decade.