West Marine Laptop Messenger Bag New! on 2040-parts.com

Porsche – the boss goes

Porsche boss Wendelin Wiedeking quits Well, Wendelin Wiedeking is not just any old suit, but the man credited with taking Porsche from an ailing, one-model car maker to the cash-cow it became. But Wendelin has become a victim of his own success – and the current economic woes. At any other time in the last decade, Wendelin’s plans to swallow VW would have worked.

Mercedes front row in China F1 Grand Prix – Rosberg on pole

Nico Rosberg is on pole position for the Shanghai Grand Prix Nico Rosberg is on pole position for Mercedes in the Chinese Grand Prix in Shanghai with team mate Michael Schumacher alongside. Not only has Nico Rosberg taken pole position at the Chinese Grand Prix in Shanghai, but he did it with one flying lap at the start of final qualifying to take his first F1 pole and Mercedes first since their return to F1 in 2010 after an absence of more than half a century. Rosberg beat second place man Hamilton by a full half second, but Hamilton has a five place penalty for a gearbox change so starts seventh.

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.