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Aston Martin Sale: Mahindra & Investindustrial front runners

It seems the battle to take a stake in Aston Martin has come down to a battle between Mahindra & Mahindra and Investindustrial. After reporting more than a year ago that Aston Martin urgently needed a new owner, or major investor, if it is to survive, it became clear earlier this month that Aston Martin was ready to acknowledge that need as the Kuwait Investment Dar starting seeking a buyer for the majority of its majority stake in AML. So far we’ve had Mahindra and Mahindra, Tata (owners of Jaguar Land Rover), Toyota and unnamed Chinese investors in the frame, but it seems the race to take a big chunk of Aston Martin Lagonda has come down to just two – Mahindra and Investindustrial.

More audio, mileage for the 2011 Honda Accord

Honda's updated 2011 Accord sedan and coupe will hit dealerships in mid-August. The Accord gets a refresh inside and out, a new leather-equipped Special Edition model and a handful of other interior upgrades. Fuel-economy improvements--a result of improved aerodynamics, less engine friction and new gear ratios--mean 34 mpg on the highway for the four-cylinder and 30 mpg for the V6.

Chrysler vows to rebuild SRT

Ralph Gilles promises that Chrysler Group will be "very choosy" about the cars and trucks that get the SRT performance badge. Gilles, recently named head of SRT, is charged with rebuilding the SRT unit, which languished when Chrysler was owned by Cerberus Capital Management. Three new SRT vehicles, versions of the Dodge Charger and Chrysler 300 sedans and the Jeep Grand Cherokee, will arrive in dealerships this fall, joining the Challenger SRT8.