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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.

Motoring April Fool’s 2009: the best and worst

By Tim Pollard Motoring Issues 01 April 2009 00:01 Those crazy car makers have been letting their hair down to present us with an array of April Fool’s Day fodder. We’ve handily collated all the gags and jokes that’ve landed in our intray today – and you can name and shame the best and worst in our CAR Magazine poll below. So read and weep – and then vote!

Jaguar & Land Rover eschew Detroit for Delhi

The Jaguar C-X16 will be on show at the Delhi Motor Show in January. Although Jaguar Land Rover has revealed that it won’t be exhibiting at the 2012 Detroit Motor Show in January – instead it will be out in force at the Delhi Motor Show – it’s really not a huge deal. Motor Show exhibiting is an expensive business, and despite JLR’s strong sales, costs are a factor.