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2014 Ford Fiesta gets three-cylinder EcoBoost power
Mon, 19 Nov 2012Ford confirmed Monday its three-cylinder 1.0-liter EcoBoost engine will arrive next year in the 2014 Ford Fiesta. The unit is expected to achieve an output of about 123 hp and 148 lb-ft of torque. The Blue Oval says the engine has a higher specific output than any engine in its stable.
Jaguar Land Rover raise £500 million to fund expansion
Fri, 23 Mar 2012Jaguar 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.
Child car smoking ban moves closer
Thu, 30 Jan 2014A BAN ON SMOKING in cars with children present has moved a step closer after peers inflicted a defeat on the Government in the House of Lords. Campaigners welcomed the result of the Lords vote, claiming a ban would protect half-a-million children who were exposed to second-hand smoke in cars every week. Although the successful Labour amendment to the Children and Families Bill does not directly ban smoking in cars with children in them, it backs the principle of making it an offence.