1970 Arctic Cat Panther on 2040-parts.com

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.

Spyker stretches the C8 Laviolette to make the Spyker C8 Aileron

But those problems faded last year when Spyker got solid investment from a Russian banker. Which means Spyker can once more push forward after a period of struggle, although what impact the crisis engulfing the car market in general will have is anybody’s guess. Spyker C8 Aileron - a stretched C8 Laviolette We had half expected the story at Geneva for Spyker to be the reveal of the Spyker SUV – the Spyker D12 Peking-Paris – in something close to production ready state.

Porsche 918 Spyder finally debuts at Frankfurt motor show

Porsche initiated the final act in its drawn-out 918 Spyder introduction, revealing the production version of the 214-mph gasoline-electric hybrid two-seater at the Frankfurt motor show. The car will be produced on a dedicated line at Porsche's Zuffenhausen factory in Germany starting Sept. 12.