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Investindustrial reportedly close to buying Aston Martin stake


Private equity fund Investindustrial is closing in on an agreement to buy an Aston Martin stake to ensure financing of the renowned sports-car maker. According to two people familiar with the matter quoted by Bloomberg, London-based Investindustrial has trumped Indian automaker Mahindra & Mahindra to invest in Aston Martin. The unnamed sources said a final agreement has not yet been signed. One ...
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Aston Martin up for sale, report says
Aston Martin's controlling shareholder, Investment Dar Co., has approached potential buyers for the iconic British brand, according to Bloomberg. Bloomberg quoted five people with knowledge of the matter, with one of ...
Lotus starts production of the Exige S in the UK
Despite the tough times Lotus is currently undergoing, the Proton-owned sports car maker has managed to kickstart production of the Exige S model at its Hethel plant in the UK. The ...
Lotus owner rejects £1 offer, plans to make it profitable again
Good news for Lotus Cars enthusiasts. DRB-Hicom, owner of the famous sportscar brand, has rejected an offer from an undisclosed foreign company that wanted to take over Lotus. The unknown bidder ...
Lotus sees increasing demand from China
Lotus sales in China are booming, as the sports car maker announced it had received four times more orders for the limited-series Evora GTE than it expected. Demands for the special ...
New Jensen Interceptor to be produced from 2014
CPP, the British automotive group, has announced it will finalise development of a new Jensen Interceptor in Coventry, England and manufacture it at a new production facility on Browns Lane ...

latest automotive news
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Honda to pull the plug on the Euro-spec Accord in 2015
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2015 Dodge Charger SRT Hellcat costs $63,995
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China-made Range Rover Evoque
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GM and Ford expected to report positive third-quarter earnings
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Ferrari 458 Italia crash kills occupants
A Ferrari 458 Italia crash, in Middleton, near Boston, has ended the life of the driver and the occupant. A horrific ...