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Jaguar Land Rover – Clever Finance Deal
Mon, 16 Nov 2009JLR 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.
We ride in the Icon Thriftmaster
Wed, 02 Apr 2014If you don't know, a stock 1950 Chevrolet "drives like s--t," says Jonathan Ward, the CEO of Icon, who actually met his wife Jamie while restoring a Chevrolet pickup. "Archaic. I restored a few back in the day, back when I was still calling it a hobby." That's why Ward doesn't build stock 1950 Chevrolets.
Ferrari 250 GTO – the ‘Budget’ version
Fri, 06 Aug 2010The 250 GTO Evocazione - a replica Ferrari 250 GTO The last time we had a Ferrari 250 GTO in the news was when we broke the story that Chris Evans had acquired a Ferrari 250 GTO for an undiclosed price (thought to be £12 million +). And, much though it pains us to suggest it, the Ferrari 250 GTO Chris bought was not actually the most desirable of 250 GTOs. For that you’d be looking much closer to £20 million.
