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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.

Volkswagen unveils new Golf GTD

Volkswagen unveils the new Golf GTD at Leipzig [ad#ad-1] Hot on the heels of the announcement of the new VW Golf GTI comes the Golf GTD, unveiled yesterday in Leipzig. Essentially, this is a GTI with a diesel engine – no more, no less. Replacing the 2.0 litre petrol in the GTI is another 2.0 litre, but this time a turbo diesel.

Ford Fiesta Zetec S Red and Black Edition revealed – price from £15,995

The Fiesta Black and Red Editions arrive with a 138bhp 1.0 litre EcoBoost Everyone loves a sporty Fiesta – still a cracking little car in any guise – but it looks like Ford has spotted a gap in the market between the Zetec S with the 1.0 litre EcoBoost and the Fiesta ST. So we get the Ford Fiesta Zetec S Red and Black Editions to fill the gap we didn’t actually know was there. Ford has managed to squeeze even more power from their little 1.0 litre, 3-cylinder EcoBoost engine to give the Fiesta Red and Black Editions 138bhp, enough to crack 62mph in just 9.0 seconds.