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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
Mercedes confirms exit for Ferrari-bound Clear
Dec.19 (GMM/Inautonews.com) Mercedes has confirmed the departure of new world champion Lewis Hamilton's performance engineer Jock Clear. "We thank Jock ...
Schumacher’s son makes single seater debut
Dec.19 (GMM/Inautonews.com) Michael Schumacher's son is taking his next steps in the wake of his fabled father. Racing under the ...
De la Rosa could join Alonso in Ferrari exit
Dec.19 (GMM/Inautonews.com) Pedro de la Rosa has refused to comment on whether he will be following his countryman and ...
Ecclestone, Walsh, Montezemolo join F1 board
Dec.19 (GMM/Inautonews.com) F1's owner CVC has made three notable appointments to the sport's executive board. After escaping jail in the ...
[Video] Chevrolet Chaparral 2X Vision Gran Turismo: the new star in Gran Turismo 6
General Motors and Polyphony Digital have just made public that the Chevrolet Chaparral 2X Vision Gran Turismo can now be ...
Ecclestone pokes fun at jail threat in Xmas card
Dec.18 (GMM/Inautonews.com) Bernie Ecclestone has poked fun at the legal troubles that almost landed him in jail this year. Every ...
[Video] How Porsche turns any car into a Macan
No matter what car you’re driving, you can now watch yourself behind the wheels of nothing else but a Porsche ...
Exquisite 1989 Lamborghini LM002 gets auctioned next month
A Lamborghini LM002 from 1989, also known as the Rambo Lambo, in pristine condition, will be available for public auctioning ...
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2016 Toyota Tacoma shows its face
Toyota has revealed two new teaser images for the front fascia and back of its 2016 Tacoma, which is scheduled ...
Ferrari F12 Berlinetta bumped to 795 hp, courtesy of PP-Performance
If you ever envisioned having your mind-boggling Ferrari F12 Berlinetta craving for more horsepower under the hood, fret not, the ...
Report – Nissan IDx Concept will turn into a Silvia successor
According to a new report, Nissan IDx Concept will evolve into a successor of the 200SX (Silvia) within just two ...
[Video] Internet sensation Gisele rides a hot Corvette Z06, but be warned – she has a sweater on
If you’re not completely out of this world and never watched a string of YouTube videos featuring hot cars and ...
[VIDEO] 2016 Nissan Titan gets teased for Detroit debut
Nissan has just released a new teaser video for its 2016 Titan, planned to make its official public debut at ...
BMW backs out of NAIAS reveal for electric hydrogen fuel cell drive module
The German company, the largest luxury auto manufacturer in the world, has decided to backtrack its intentions and opted out ...
New Lexus F Model heading to Detroit next January
Lexus is planning to introduce another new F model at the North American International Auto Show (NAIAS) in Detroit at ...
US: Ford’s lightweight F-150 further aided by low gasoline price
The second-largest US automaker decided that a game-changer was in order for the best-selling vehicle in America and made a ...
Lamborghini Aventador gets crashed in India
The Indian owner of this white Lamborghini Aventador has taken a serious ego hit after managing to crash his ride. If ...