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Aston Martin Sale: InvestIndustrial (& AMG) look to have won
Thu, 06 Dec 2012It looks like the sale of a chunk of Aston Martin is going to InvestIndustrial, promising Mercedes AMG technology for AML. Just last week, Aston Martin finally confirmed the the Kuwait Investment Dar was looking to off-load a chunk of its shareholding in AML. And now it looks like a deal is done.
Mitsubishi lose the ‘O’
Sun, 06 Mar 2011The Mitsubishi Evo X - Last of the breed What ‘O’? Yes, it’s Sunday morning and none of our brains are exactly on fire. But we still seem to be thinking more clearly than Mitsubishi, who have revealed they are to drop the Evo and concentrate on electric cars and hybrids.
Groupon vouchers for cars? No
Mon, 18 Jul 2011The Groupon juggernaut rolled into auto retailing last week, and dealers around the nation watched intently to see whether the online coupon phenomenon could drive herds of shoppers into showrooms. So far, no. Only four consumers agreed to pay $200 for a $500 discount voucher on a new-vehicle purchase at LaFontaine Buick-GMC-Cadillac in Highland, Mich.