S.m. Arnold 25-406 Bug Sponge on 2040-parts.com

Jaguar Land Rover sorts its finance

Tata has secured £175 million private funding for Jaguar Land Rover But it is now being reported that JLR has managed to secure £175 million in private funding, obviating the need to succumb to Government interference in its business. Which has got to be good news for the JLR workforce – at least for now. Jaguar and Land Rover are very much on the up.

Bungling thief caught after stealing hire car's steering wheel

A DIM-WITTED criminal has been convicted of theft after stealing parts of a brand new Audi A3 hire car and replacing them with old bits taken from his much older Audi S3. Alexander Keating, a 23-year-old former bodyshop technician who lost his job following the conviction, stole parts as obvious as the steering wheel and gear knob from the A3 that his mum had hired after damaging her car in an accident. Keating foolishly believed no one would notice the battered old steering wheel on the otherwise shiny, new car, but sure enough the mismatched parts were spotted and the hapless bungler was caught by the car hire firm’s bespoke anti-fraud team Asset Protection Unit (APU).

Ultra-rare Steyr Puch 500 goes to auction

£18,000 might seem like a lot of money for a car based on the original Fiat 500, but this particular Steyr Puch example is one of just 33 ever built. Austrian firm Steyr Puch entered into an agreement with Fiat in 1954 after production was halted during World War II, and began production of the 500 under licence. Only 33 right-hand drive examples were ever produced, and of those only two survive; this example and one in the Steyr Puch museum in Austria.