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Italian firm buys stake in Aston Martin
Fri, 07 Dec 2012The former owner of Italian motorcycle maker Ducati has bought a 37.5-percent stake in financially strapped British car maker Aston Martin. The move means future Astons could use modern drivelines and electric architectures from Mercedes-Benz's AMG division, insiders with knowledge of the deal suggest. Private equity fund Investindustrial has signed a memorandum of understanding with current Aston Martin owner Investment Dar of Kuwait that will see it pay $240 million (150 million pounds) for the ownership stake.
Mercedes Concept A: Coming to a shopping centre near you
Sat, 24 Sep 2011Mercedes Concept A is off on a Shopping Centre Tour We did think there was a chance that the new 2012 / 2013 Mercedes A Class could make an appearance at the Frankfurt Motor Show, but instead Mercedes concentrated on the new B-Class. And with the next European Motor Show not arriving until Geneva in the Spring, Mercedes has decided it will be a good idea to take the Concept A – the Concept version of the new A-Class – on a tour of UK shopping centres to introduce their new baby to the people who might buy it. So over the course of the next month Mercedes will be trotting off to a shopping centre in each major part of the UK (don’t tell the Welsh – or the Northern Irish), with a visit to Braehead in Glasgow, Arndale in Manchester, Bullring in Birmingham and Westfield in London.
Hyundai reveals updated 2011 Genesis coupe range
Fri, 16 Jul 2010After holding its own against more established rear-wheel-drive coupe offerings such as the Ford Mustang and the Nissan Z, Hyundai is updating its Genesis coupe for the 2011 model year. Highlighting the changes is the addition of a new 3.8 R-Spec equipment package, which previously was only available on the turbocharged four-cylinder model. Included in the R-spec package are 19-inch wheels with Bridgestone Potenza RE050A tires, Brembo brakes, a stiffened suspension, a limited-slip differential and adjustable front camber bolts.