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Jaguar Land Rover – Clever Finance Deal

JLR releases £170 million by financing cars in transit Car makers have been begging lines of credit from wherever they can in the last year as the recession has bitten hard in to their finances. Jaguar Land Rover started off down the Government Loan route, but it soon became clear that the strings attached to any Government sourced finance where unacceptable. But in a sign that the future of JLR looks pretty rosy JLR managed to secure £175 million in private financing back in August as part of a bid to raise £500 million, and Tata have refinanced the loans used to acquire JLR.

Toyota's production iQ

By Guy Bird Motor Shows 06 March 2008 15:41 What’s new on Toyota’s Geneva Motor Show stand? The brand’s biggest news by far was the production iQ city car. The road-going iQ keeps almost all of the 2007 Frankfurt concept’s great packaging – half a metre shorter than a Fiat 500 at 2985mm – but still housing four seats, three for adults and one behind the driver for a child or luggage (there’s no conventional boot space).

Nanny Dearest: Active safety measures help to curb accidents

We complain a lot about electronic nannies here at Autoweek. They seem to step in to protect us just when things are getting interesting. Instead, we'd like to increase the skill quotient of drivers on the road.