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Italian firm buys stake in Aston Martin

The 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.

Jaguar F-Type to get V8 engine option

The Jaguar F-Type will get a V8 powerplant in addition to a supercharged V6 when it launches in 2013, Autoweek has learned. The much-anticipated two-seat sports car was confirmed in April at the New York auto show. Jaguar then elaborated weeks later at the Beijing motor show that the F-Type would get a supercharged 3.0-liter V6 pushing out 380 hp.

Chevrolet at the Paris motor show 2008

By Guy Bird Motor Shows 02 October 2008 18:40 General Motors’ Chevrolet stand was buzzing at Paris with two world debuts – the Chevrolet Cruze production saloon and Chevrolet Orlando seven-seater show car – plus two important European production unveils: the electric Volt and Camaro muscle car. All Chevrolets from now on will be global models and reflect a new ambition for quality, as GM’s global vice president of design Ed Welburn told CAR. 'Chevrolet is raising the bar where it matters the most – in the value segment.' The Cruze is a Skoda Octavia-sized four-door on the new Astra platform with reasonable exterior styling and a genuinely high standard of interior fit and finish.