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Italian firm buys stake in Aston Martin
Fri, 07 Dec 2012The 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.
2012 Hyundai i30 Estate: The i30 Wagon arrives
Thu, 23 Feb 2012The 2012 Hyundai i30 Estate arrives at Geneva 2012 The 2012 Hyundai i30 Wagon – the i30 Estate – has been revealed ahead of a debut at the Geneva Motor Show. With the new Hyundai i30 only just making its way in to the world, Hyundai are wasting no time extending the i30 range, so we’ll be getting the public debut of the 2012 Hyundai i30 Estate at the Geneva Motor Show next month. And it looks a good effort.
Why is Jaguar stalking the world’s supercars?
Sun, 06 Mar 2011Jaguar are stalking the world's hypercars It’s all too common for car makers to buy product from their competitors. Either to benchmark an existing or future car. To find out just how it’s been put together.