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Lamborghini Brand and Design Director steps down

According to well-placed sources within the automotive design community, Car Design News has learned that Manfred Fitzgerald, Brand and Design Director at Lamborghini, has been asked to leave the company. It is presumed his role with the company's design aspects will likely be absorbed by current Audi Group Head of Design Wolfgang Egger. Fitzgerald had been working at Lamborghini since 1999, shortly after the sports car maker was bought by parent company Volkswagen through Audi AG.

Jools Holland’s old Jaguar E-Type S1 4.2 Lightweight Roadster up for grabs

Jools Holland's old Jaguar E-Type up for grabs A Jaguar E-Type, recently owned by classic car nut Jools Holland, is up for grabs at what seems like a low estimate of £35-45k. Jools Holland may be best known for Later…, his annual Hootenanny, his exploits with Squeeze, his indiscretions on The Tube (with Paula Yates) and his incomparable skills on the piano. But in the real world Jools has a beard, a pipe, leather elbow patches, a penchant for real ale and a passion for classic cars, one of which, a Jaguar E-Type S1 4.2 Lightweight Roadster, is about to go under the hammer at Brightwells.

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.