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Tallmadge, OH, US
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Jaguar Land Rover – Clever Finance Deal
Mon, 16 Nov 2009JLR releases £170 million by financing cars in transit Car makers have been begging lines of credit from wherever they can in the last year as the recession has bitten hard in to their finances. Jaguar Land Rover started off down the Government Loan route, but it soon became clear that the strings attached to any Government sourced finance where unacceptable. But in a sign that the future of JLR looks pretty rosy JLR managed to secure £175 million in private financing back in August as part of a bid to raise £500 million, and Tata have refinanced the loans used to acquire JLR.
Monash University Degree Show 2007
Wed, 14 May 2008Ka Tam EC.25 CityRapid Ka Tam's EC.25 (Electric Cruiser 2025) 'CityRapid' is a project which targets the transportation atmosphere in 2025, providing an alternative solution for commuting within a city. The project is a proposal for a new dimension of personal mobility vehicle, which is a mutation of a scooter, motorcycle and human transporter. Aiming at early adopters, the experimental leading group of society, it is equipped with advanced technologies, materials and manufacturing techniques.
Local Motors announces winners of Terra Prix 2085 design competition
Wed, 13 Jul 2011Local Motors has announced the 10 winners of its Terra Prix 2085 Concept Design competition. The competition brief asked entrants to design a two-person race vehicle that could navigate every terrain imaginable on every continent, as well as a support craft for any maintenance needed throughout the race. The support craft had to be able to carry tools, extra parts, any potential module changes for different terrain as well as enough 'fuel' for both vehicles to move between three major checkpoints.