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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.

Sci-fi Audi from Ender’s Game movie revealed

It’s an Audi, Jim, but not as we know it – this sleek, ground-hugging machine is a four-ringed future mobile from the forthcoming blockbuster science-fiction movie, Ender’s Game. It’s called the Audi Fleet Shuttle Quattro, and – like the Bonzo Dog Doo Dah Band’s ‘Urban Spaceman’ – here comes the twist: it doesn’t actually exist. Please click the image above to read more about the Audi Fleet Shuttle Quattro On Bing: see pictures of the Audi Fleet Shuttle QuattroOn Bing: see pictures of the Audi RSQFind out how much a used Audi costs on Auto TraderRead an Audi review on MSN carsLego launches Back to the Future DeLorean time machineHow to film the perfect Hollywood movie car chase

SsangYong makes a pitch to grab UK Chevrolet dealers

The new SsangYong Korando (pictured) could be heading for Chevrolet showrooms GM’s decision to drop the Chevrolet brand from the UK and Europe in 2015 to focus on Opel and Vauxhall brands could leave standalone Chevrolet dealers with a problem. But Korean car maker SsangYong – now owned by India’s Mahindra – are jumping in quickly to propose an alternative for disenfranchised Chevrolet dealers in the UK looking for another brand to fill their showrooms and service bays. SsangYong say they have openings for new dealerships in England, Scotland and Wales and are looking for dealers principles with Chevrolet franchises to get in touch to see if a deal can be done.