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jaguar-land rover

EU bank grants $1.2 billion in loans for clean cars

The European Investment Bank, backed by European Union member states, approved 866 million euros ($1.2 billion) more in loan money to the auto industry on Tuesday.

The loans are specifically directed to "help design and build cleaner cars with lower carbon dioxide emissions," according to an EIB statement.

The package includes 400 million euros ($531 million) to Nissan's European division for the purpose of developing and building more fuel-efficient vehicles in Britain and Spain. Jaguar Land Rover was approved for a loan of 340 million pounds ($499 million) from the EIB to "to help cut … Read more

U.K. commissions 'green' Land Rover

Jaguar Land Rover, a subsidiary of Tata Motors, has received a grant worth 27 million pounds--more than $37 million--to mass-produce a "green" crossover vehicle.

The car will be a street version--or a more practical variation--of the LRX concept vehicle that Jaguar Land Rover debuted at the Detroit Motor Show in January 2008.

The concept version was a hybrid 2-liter turbo diesel crossover vehicle, combining features of a car and an SUV. The concept got about 50 mpg on average, according to its specs.

Jaguar Land Rover's announcement comes as the U.K. government held a meeting Wednesday … Read more

Sentience takes the guesswork out maximizing hybrid efficiency

How can hybrids become even more efficient? You can start by removing the driver from the equation.

The Sentience Research Vehicle is a hybrid test car that uses existing onboard systems, mobile communications, and advanced mapping technologies to determine the most fuel efficient way to get to a destination. The project is a joint effort by Ricardo Company and project partners Jaguar-Land Rover, Transport Research Laboratory, and several other European interest groups, and was revealed earlier this week.

Basically, the Sentience's system removes the guesswork from and automates when and the best way to accelerate, brake, and balance the car's electrical load. … Read more

Ford in talks with Tata over Jaguar, Land Rover sale

Ford confirmed Thursday that the company is considering an offer to sell its Jaguar and Land Rover subsidiaries to Tata Motors of India.

"Ford is committed to focused negotiations at a more detailed level with Tata Motors concerning the potential sale of the combined Jaguar-Land Rover business," Lewis Booth, an executive vice president at Ford, said in a statement.

"There is still a considerable amount of work to do, and while no final decision has been made, we will proceed with further substantive discussions with Tata Motors over the forthcoming weeks with a view to … Read more