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News watch Jan 2012: today's auto industry news
Tue, 31 Jan 2012Welcome to CAR Magazine's news aggregator as we round up the daily stories in the auto industry. Top tip: news summaries are added from the top hour-by-hour Tuesday 31 January 2012• Two Japanese car parts suppliers have been fined a staggering $548m for price fixing offences following an FBI investigation. Yazaki Corp.
Audi R8 Spyder raises £620k for Elton John AIDS Foundation
Mon, 27 Jun 2011Elton, David and the man from Audi with the chromed R8 Spyder The Elton John AIDS Foundation (EJAF) needs no big introduction from us, especially to regular readers. Quite simply, it’s an astonishingly generous charitable foundation founded by, and driven ever on, by Elton John, and it’s raised getting on for £50 million since Elton founded it in 1993, thanks in no small part to Elton’s generosity with his royalties (always making sure he has enough left over for flowers, of course). And as it’s Elton who’s the heart and soul of the EJAF, fund raisers tend to be a little more interesting than a bring and buy stall on the local village green.
Jaguar Land Rover create 700 more jobs at new engine plant
Tue, 05 Mar 2013Jaguar Land Rover has announced that they are creating an additional 700 jobs – double the original – at their new engine plant in Wolverhampton. Back in 2011, we revealed that Jaguar Land Rover were planning a new facility on the i54 development in Wolverhampton to build engines for their cars, removing the reliance on Ford’s (excellent) engines in the process. That investment was to be £335 million with 700 new jobs created in Wolverhampton – and more than 2,000 in the supply chain – but it seems that’s not going to be enough with Jaguar Land Rover sales continuing to grow at a great rate of knots.