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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
The Nurburgring has a new owner – Viktor Kharitonin
Russian billionaire Viktor Kharitonin has just purchased the famous German track, the Nurburgring. “The Green Hell” is where most carmakers go ...
Mazda2 Sedan going to Thailand Motor Show
Mazda will be officially pulling the wraps off a new body style of the Mazda2, the Sedan, at the 2014 ...
Mercedes-Benz CLA Shooting Brake spied once more
New spy photos with the new Mercedes-Benz CLA Shooting Brake have surfaced and they are showing the model in question ...
Mercedes-Benz GLE Coupe caught on camera
Our spy photographers have caught on camera recently the brand new Mercedes-Benz GLE Coupe while it was being tested out. The ...
Meet Karl – Opel’s new entry-level city car
The German based automaker Opel is planning to introduce a new five-door entry-level city car, called Karl, sometimes next year. Opel ...
Recall roundup: Fiat Chrysler Automobiles’ vans and SUVs for two separate problems
Fiat Chrysler Automobiles has announced two separate recalls which are covering several vans and SUVs in the United States because ...
Hyundai milestone: 10 million Elantras sold
The South Korean based automaker Hyundai has officially announced the selling of over 10 million units of the popular Elantra ...
Mercedes-AMG GT is almost sold out for 2015 and 2016 model years
The Mercedes-AMG GT has been almost sold out across the globe for the 2015 and 2016 model years. Even if it ...
Recall roundup: Ford Edge and Lincoln MKX
Ford has issued a recall for several Edge and Lincoln MKX vehicles because of a problem with corrosion. The North American ...
BMW M4 Special Edition GTRS4 by Vorsteiner going to SEMA
The aftermarket specialists from Vorsteiner have officially announced the official introduction of the BMW M4 Special Edition GTRS4 at the ...
Another Ferrari LaFerrari is up for sale
Another unit of the impressive Italian hybrid supercar Ferrari LaFerrari is up for grabs, this time in the United Arab ...
Takata debacle puts GM’s mishaps under the shade
The year started off incredibly hard for General Motors, after a February recall that led to lawsuits, a total rethink ...
2015 Ford Everest to be unveiled in November
The North American based automaker Ford is planning to officially pull the wraps off the 2015 Everest in mid-November. The 2015 ...
Three new Scion Concept cars going to SEMA
Scion has announced its plans to introduce no less than three new concept cars at the upcoming 2014 SEMA Motor ...
US: October sales expected to remain strong
The news are gloomy again, with huge swings on global stocks and threatening headlines about a new economic crisis, but ...
Meet the AeroMobil 3.0 – a functional flying car
The Slovakian based company called AeroMobil has officially unveiled the third generation of its flying car, named suggestively the 3.0. Mankind ...
US: Dodge restarts production of the 2014 Viper SRT
The Viper was resurrected in 2012, but the manually fabricated American take on the supercar had a slow start – ...
Kia Ultimate Karting Sedona going to SEMA
Kia has officially pulled the wraps off its newest creation, the Ultimate Karting Sedona, which will be officially presented to ...