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Toyota Prius V and Toyota Prius C concepts (2011)

What’s the plural of Prius? We don’t know, but at the 2011 Detroit motor show today Toyota pulled the wraps off two new Prius models. One is a production-ready MPV called the Toyota Prius V, and the second is the Prius C concept, which will inspire a future small hybrid.

Aston Martin to use Mercedes AMG V8 engines (2013)

It’s a new era for Aston Martin: the Gaydon brand has announced today (25 July 2013) that it’s in the early stages of a deal with Mercedes’ in-house tuners AMG, which will allow it to use Mercedes-honed engine and electronics technology. Has Aston Martin sold its soul to the Germans? Not quite – Daimler AG is set to take only a 5% share stake in Aston Martin, sitting alongside majority shareholders Investment Dar and Investindustrial.

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.