1939 Cadillac 60 S Inside Mirror on 2040-parts.com

Jaguar gets a helping hand

It has been reported this morning that Gordon Brown and Alistair Darling have agreed to dip in to tax payers funds to help Tata, the owners of Jaguar and Land Rover. Along with most other car makers in the world, Jaguar and Land Rover has been hit hard by the current economic blight. But it seems that Tata has been hit by more grief than most.

Jaguar X-Type: 18,000 X-Types recalled in the UK

Jaguar X-Type Recall - almost 18k affected over possible cruise control malfunction The Jaguar X-Type, ‘Ford’ Jaguar’s stab at mopping up sales from BMW’s 3 Series and Mercedes’ C Class, is back in the headlines, with Jaguar issuing a recall for 18,000 X-Types in the UK – around 5 per cent of the total X-Type production. The cars affected are diesel-engined X-Type models made between 2006 and the end of X-Type production in late 2009, and the recall concerns the cruise control, which may not respond under certain circumstances. To be fair to Jaguar, the issue with the cruise control failing to respond has not come to light through any complaints from owners, but from an employee of Jaguar.

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.