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Amazing muscle car and rare supercars go to auction

The forthcoming RKM Collector Car Auction at the Charlotte Convention Centre, USA features - as you'd expect - a wealth of American muscle cars. But sift through the catalogue and you'll discover some very interesting lots from Europe and Japan, too. We couldn't help but take a closer look, starting with a McLaren F1 car, formerly driven by James Hunt...

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.

Audi A7 Concept leaks out

Audi has put out a car to fill just about every niche there is, and very successfully too, over the last few years. But it has rarely been an innovator, preferring to see how the water is before jumping in. The Audi Q7 and the Audi Q5 are good examples of this – late to the party but going to the top of the tree in no time.