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Guinness returns fastest production car world record to Bugatti

The Bugatti Veyron Super Sport is back as the “Fastest Production Car” after Guinness World Records looked deeper into the claim, and decided that Bugatti's eliminating the speed limiter in order to set a record did not bar the vehicle from holding the title. “The focus of the review was with respect to what may constitute a modification to a car's standard specification,” said Guinness in a statement. “Having evaluated all the necessary information, Guinness World Records is now satisfied that a change to the speed limiter does not alter the fundamental design of the car or its engine.” Now the company owns both the open- and closed-top speed records with the Veyron Grand Sport Vitesse and the Veyron Super Sport.

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.

Audi's clean and green future

By Ben Pulman First Official Pictures 30 August 2007 04:30 What’s all this about then? Vorsprung durch Technik? Audi, like every other German premium car maker, is feeling the pressure from the EU, its own Green Party, Al Gore, and seemingly everyone else.