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Land Rover Defender to be built in Sri Lanka

The Land Rover Defender is to be built outside the UK in a new plant in Sri Lanka to produce Defenders for the region. Land Rover are assisting and training staff at a new assembly plant in Hambantota, Sri Lanka, run by Sathosa Motors PLC in a 50-50 deal with Land Rover distributors SML Frontier Automotive, with $1 million being invested to get the project up and running this year. It seems clear from the level of investment that this is simply an assembly operation using CKD kits from the UK for the Defender, but Sri Lank’s Daily News is reporting that there are plans to invest $500 million in the project.

Range Rover by Overfinch has 30% higher residuals than a standard Range Rover

The 2014 Overfinch Range Rover (pictured) keeps its value It’s generally considered that money you spend on enhancing a new car by getting one of the plethora of customisers to add interesting bits is money down the drain. But as we reported back in 2012, that’s definitely not the case with the Range Rover by Overfinch. In fact, the last model of the Range Rover had residuals a full 23 per cent more if it was an Overfinch version rather than a regular Range Rover, which made opting for an Overfinch makeover almost a no-brainer.

Hyundai makes Kia’s Peter Schreyer Hyundai design guru too

The newly appointed Kia President, Peter Schreyer, has now been made Hyundai President in charge of design too. Peter Schreyer’s success in making Kia a real design force led to him being appointed a Kia President at the end of 2012, handsome reward for the changes he’s wrought at Kia since leaving VW, turning Kia’s range of cars from stodgy to convincing in a few short years. But Kia is the junior partner in the Hyundai-Kia business, so Hyundai are obviously not totally thrilled that Kia managed to snaffle a designer who’s eye manages to so convincingly hit the Zeitgeist firmly on the head.