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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.

Cash for clunkers: Is it ready for prime time in America?

One proposed solution to prop up new-car sales in the United States involves paying bonuses to owners of older vehicles who send their cars to the scrapyard and buy new ones. Proponents say that not only does the auto industry benefit, but so does the environment, as emissions decrease and fuel economy typically improves in newer models. Critics, however, say that scrapping older vehicles hurts collectors by reducing the number of older models available and also hurts those least able to afford to buy newer vehicles by driving up the price of used cars.

Peugeot 207 Economique (2009): first official photos

By Alex Michaelides First Official Pictures 20 July 2009 11:15 Peugeot has come over all green with this, the new Peugeot 207 Economique. No surprises for guessing its purpose – it's another eco special, aimed squarely at cars such as the Polo BlueMotion. The 207 Economique boasts emissions of just 99g/km of CO2 and a frugal 74.3mpg.So, how did Peugeot make the 207 Economique cleaner?Peugeot uses its trusty 1.6 HDI oil burner, but in a detuned guise.