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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.
Nissan GT500 GT-R Race car: first official pictures
Tue, 15 Jan 2008By Stephen Dobie First Official Pictures 15 January 2008 16:16 Nissan's new GT500 GT-R race car is a far cry from the Forum concept the Japanese company has just unveiled in Motor City. Nissan chose the past weekend’s Tokyo Auto Salon to show off their new GT-R racing car. Not content with the standard GT-R stirring up the establishment Nissan will enter their supercar into Japan’s Super GT Series.
Volvo Plug-In Hybrid by 2012
Mon, 01 Jun 2009Volvo are working on a plug in Hybrid for 2012 offerng 50g/km Co2 emissions Laudable though this intent is, it’s a little like the Vauxhall / Opel Ampera – it relies on technology that doesn’t yet exist to deliver what it promises. But to get things moving, Volvo are going to be running a number of Volvo V70 diesel-electric Hybrids round Europe this year, to guage customer feedback and try to establish exactly what the consumer wants. They also want to establish exactly what the consumer can live with in terms of ‘Re-fuelling’.
