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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.

Land Rover Expedition America presses on through the Rocky Mountains

Land Rover Expedition America is more than halfway across the country, three weeks after having departed Asheville, N.C., on their 5,000-mile route through 10 states. The team is traveling all the way across the country in three Land Rover LR4s -- from sea to shining sea if you will -- almost entirely off-road. The Oregon coast is their destination, and the team is following a route based on an off-road motorcycle trailed created by Sam Corero, a famous off-road motorcyclist who charted this trail back in the 1990s.

Historic Celebration On Track For Bumper Year

SUMMER might be a distant dream but the organisers of this July's Silverstone Classic historic race meeting already have a reason to be cheerful. This year marks a milestone for the event, as a record 84 motor clubs have already signed up to attend. According to event management, this number beats the grand total of 77 clubs who attended the 2013 event.