Jaguar Land Rover have successfully secured an 18 month lifeline after running up loses of over £1.2bn in the past 12 months.
The car firms latest filed accounts show they have secured a £600m bank facility that will enable them to keep trading until the end of next year.
JLR were within days of defaulting on loans [...]

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Land Rover has announced its support of the British & Irish Lions in a deal that will see the manufacturer as the “Official Vehicle of the British & Irish Lions 2009″ for the forthcoming summer Tour of South Africa.
Land Rover will provide a fleet of the supremely capable Discovery 3 vehicles for during the UK [...]

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Talks to save Jaguar Land Rover (JLR) were on the brink of collapse last night in a row over conditions the Government want to impose in a rescue package.
Both sides are insisting that the talks are still ongoing at its Halewood plant, although owners, Tata Motors are understood to be refusing to accept the terms [...]

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Land Rover have announced their forthcoming new models for 2010.
The Discovery, Range Rover and Range Rover Sport all get new engines, major front end styling (to make them even uglier) and massive interior improvements (to make them even less likely to be driven anywhere near mud).
Land Rover Discovery 4 (2010)

The Discovery 4, Land Rover’s most [...]

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The European Investment Bank (EIB) has approved funding for Jaguar Land Rover and Nissan.
The EIB today approved a whopping £340m package for Jaguar Land Rover and a £370m (400m euros) package for Nissan’s UK and Spain operations.
Jaguar Land Rover had applied for money to invest in research and technology to develop more environment-friendly cars at [...]

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