Subaru Legacy 2003 Rear Right Strut [0750310] on 2040-parts.com

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.

Lamborghini Aventador LP700-4 Roadster arrives next week

The Roadster version of Lamborghini’s LP700-4 Aventador will be revealed in Miami next week and debut at the Los Angeles Motor Show. The Lamborghini Aventador – successor to the Murcielago – was revealed by Lamborghini at the start of 2011 before getting a public debut at Geneva 2011, since when we’ve been anticipating the arrival of its Roadster sibling and even had confirmation of the Aventador Roadster from the EPA in the US. But the wait for the Aventador Roadster is now just about over with the news that Lamborghini will be debuting their open-topped Aventador at the Los Angeles Motor Show later this month.

MINI Crossman / Countryman on schedule

The MINI Crossover Concept. On target for a Geneva launch as the Countryman or Crossman The MINI Crossover – dubbed Crossman or Countryman – has been floating around as a ‘Concept’  since the Paris Motor Show in 2008. We even reported on the MINI Crossman testing back in April, and it’s been expected to launch for quite some time, so to say it’s ‘On Schedlue’ is probably a little misleading.