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Aston Martin IS up for sale. But you knew that.
Sat, 10 Nov 2012The Kuwait Investment Dar – Aston Martin’s biggest shareholder – is seeking a buyer for its 64 per cent share of Aston Martin. Just over a year ago, we reported that Aston Martin was up for sale, even though AML were emphatic the company was doing well and not seeking a new owner. But now it seems a year or more of trying to find a buyer on the quiet has failed, so Aston Martin’s biggest shareholder - the Kuwait Investment Dar with 64 per cent – has instructed Rothschild to advise on the sale, according to Bloomberg.
Alfa Romeo SUV heading for Alfa showrooms – one day
Sat, 04 May 2013We’ve heard it all before – and from some well placed people at Alfa Romeo – but an Alfa man has now stuck his neck out and confirmed publicly: There will be an Alfa Romeo SUV in the next two to three years. Damien Dally, who is Alfa’s Brand man in the UK, was speaking at the Telegraph Festival of Motoring this week and was quite happy to confirm the arrival of Alfa’s SUV although, just like all Alfa’s plans, it seems to be a few years behind what they were planning. Back in 2011 – two years after Alfa revealed it planned an assault on the US market, Alfa’s plan was to have an Alfa SUV ready by 2013 to spearhead their return to the US market.
BMW Concept ActiveE at Detroit motor show 2010
Thu, 17 Dec 2009BMW has unveiled this rolling testbed for its electric car strategy - the new Concept ActiveE - at the 2010 Detroit motor show. It's a fully electric BMW and a hint of what's to come through the long-range visionary Project i plan which will reshape BMWs for the 21st century.No prizes for guessing it's based on an existing BMW production car, the 1-series Coupé. But the hardware underneath is designed to percolate across the lower echelons of the BMW range, starting with some exciting new bespoke electric cars.The ActiveE is the first fully electric BMW and follows in the treadmarks of the Mini E. Like the Mini, this battery BM will be used as a pilot test programme where it will be driven by selected private and fleet motorists.BMW ActiveE concept: how it worksThis is a rear-drive BMW with the internal combustion engine ditched in a Munich scrapheap.