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Porsche engineer Rolf Frech named engineering chief at Bentley

The Porsche-ization of luxury-car maker Bentley moved another step forward on Wednesday as Rolf Frech was named as its engineering chief. Frech, who has been Porsche's director of the complete vehicle engineering group for the past decade, replaces Ulrich Eichhorn, who is set to become head of the VDA, the German auto-industry association. Eichhorn, 50, joined Bentley as engineering chief in 2003 from Volkswagen, where he had been in charge of research and development.

Renault Koleos White Edition launched

Renault has announced the Renault Koleos White Edition today Unlike their Gallic counterparts PSA, Renault didn’t take a Mitsubishi Outlander and splice some French bits on. Instead, they went to Nissan, nicked the X-Trail underpinnings and proceeded to produce their mongrel Koleos. Remarkably – once you get over the looks – the car is pretty competent.

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.