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Aston Martin sells 38% stake to Italians to raise cash

Aston 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.

Fiat 500 Blackjack Limited Edition

Fiat's latest Limited Edition 500 - The Fiat 500 Blackjack Anything MINI can do, Fiat can do too with the Fiat 500. So – in the best MINI school of marketing style – yet another Fiat 500 is to hit the road – this time the Fiat 500 Blackjack. The Fiat 500 Blackjack is a cash-in on that flavour of the moment – matt wrap (we are assuming it’s a wrap) – to give a matt black 500, which actually looks rather good to our eyes.

Porsche Panamera S E-Hybrid does 62mpg in the hands of motoring journalists

The Porsche Panamera S E-Hybrid – a Panamera with a plug-in hybrid powertrain – arrives last month, along with a 2013 facelift for the Panamera range , complete with claims from Porsche that it could do 91mpg. That was never going to happen in the real world, but Porsche has followed up its official economy figures with a degree of proof that the Panamera E-Hybrid can actually achieve very impressive economy numbers in the real world, and in the hands of motoring journalists – a group not renowned for their light touch on the throttle. At a press event in Hockenheim, Porsche let car journalists loose on the Panamera E-Hybrid for a total of 42 drives over a total distance of 750 miles and returned an average of 62mpg.