Honda Aero Nh80 Flywheel Magneto 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.

MINI John Cooper Works Coupe Endurance at Nurburgring 24 Hours +video

MINI John Cooper Works Coupe Endurance- off to the Nurburgring It did take a while to drag the MINI Coupe – screaming and kicking – in to the limelight. Too shy to arrive fully formed, MINI revealed the Coupe at the start of the month with a modesty blanket of black and white swirls over its money shot – the helmet roof and proper little boot. But it took just two weeks for the new MINI Coupe to pluck up the courage to strut its stuff undisguised, and we were treated to a photo avalanche to celebrate its arrival.

Porsche 918 Spyder crashes in Germany

Porsche is in hot water with German authorities following an accident involving a prototype version of the gasoline-electric hybrid-powered 918 Spyder on a public road last month, according to reports in the German media. The accident, which took place between the towns of Bietigheim-Bissingen and Ludwigsburg (close to Porsche's research-and-development center), saw the 875-hp 918 Spyder spin out of control and collide with a guard rail. Parts of the new $845,000 Porsche flagship are said to have broken loose in the collision before being collected by an oncoming car.