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Mercedes-Benz hires BMW designer
Fri, 13 Mar 2009Seems like the Mercedes-Benz design department is bulking up on new talent. Karim Habib, the exterior designer of the new BMW 7-series, has been lured to Mercedes-Benz where he will head up the advanced design studio on the outskirts of Stuttgart, Germany. Habib will work under Mercedes-Benz's new design boss, Gorden Wagener.
Jaguar Land Rover raise £500 million to fund expansion
Fri, 23 Mar 2012Jaguar 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.
Audi RS4 Avant Nogaro pays tribute to the original Audi RS – the RS2 Avant
Sat, 08 Feb 2014The Audi RS 4 Avant Nogaro )pictured) commemorates 20 years of Audi RS We’ve got used to estate cars with supercar prowess from Audi in recent years, but it wasn’t always so. Until 1994 there really wasn’t an Audi that was anything more than just a titivated family car. But then came the Audi RS 2 Avant.