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Aston Martin sells 38% stake to Italians to raise cash
Fri, 07 Dec 2012Aston Martin today announced a deal with Italian private equity fund Investindustrial, securing a £150m investment to own a 37.5% stake in the business. Aston Martin hopes this should secure the long-term future of the beloved but hitherto financially wobbly sports car maker. Together with the new owners, it announced a £500m investment in future product.
Making of the Porsche Panamera Sport Turismo (video)
Sun, 30 Dec 2012Porsche has released a video chronicling the development of the Panamera Sport Turismo as the first model extension of the Panamera. Earlier this month we had a video from Porsche of the Panamera Sport Turismo on the move with comments and insights on the design process, and now we get a more detailed look at the development and thinking behind the transition from ugly duckling Panamera to stunningly good looking Panamera Sport Turismo. Porsche don’t want to call the Sport Turismo a Station Wagon, but that is effectively what the Sport Turismo is (and it can’t be a true Shooting Brake with four doors).
AutoWeek archive: Carroll Shelby Pit-Stop deodorant
Mon, 27 Jun 2011As you’d expect from a publication with the rich history of AutoWeek, the back issues are filled with a treasure trove of forgotten funniness. Today’s example? Pit-Stop deodorant from none other than the chicken man himself, Carroll Shelby.