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Top new models for SA

From Renault's new Alaskan bakkie to the latest models at the Frankfurt motor show bound for SA.

Electric cars in SA

The debate on whether or not Electric Vehicles (EV) are viable in South Africa rages on.

Jaguar bailed out with $2.1bn

2005-12-27 10:36

Will the new XK sports car boost Jaguar?

The newspaper reported that the cash injection was given in the past few days and was intended to cover heavy losses at Jaguar.

The cash boost, earned from the sale of Jaguar shares to Ford, coincided with news this week that pre-tax losses at Jaguar totalled 429.3 million pounds in 2004.

Jaguar, which traces its roots back to a motorcycle sidecar company set up in Blackpool, northwest England, in 1922, operates three production plants in Britain. It was bought by Ford in 1989.

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