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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
Rosberg punished but Mercedes duo ‘free to race’
Aug.29 (GMM/Inautonews.com) Nico Rosberg apologised to his teammate Lewis Hamilton and Mercedes on Friday, after the German was punished ...
Can Ricciardo do a Prost ’86?
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Test Drive – Mercedes-Benz E250 CDI 4Matic
Daimler’s passenger cars division – which consists of the Mercedes-Benz and Smart brands – has vowed to recover the distance ...
Australia – Lexus NX pricing confirmed
Toyota’s luxury brand Lexus has recently confirmed the official price list of the new NX across Australia, where the model ...
[VIDEO] 2016 BMW X6 M spotted on the Ring
The newest model to be caught on camera while being tested out on the famous German track the Nurburgring is ...
Mercedes-Benz SLK 200 Carbon Look Edition launched in Japan
Mercedes-Benz has introduced a new special edition of its cheapest roadster, the SLK, on the Japanese automotive market. The so-called Mercedes-Benz ...
[VIDEO] 2016 BMW 7-Series LWB spied
A long wheelbase version of the new generation BMW 7-Series has been spied while it was being tested out on ...
Recall roundup: Suzuki Kizashi for spider problems
Suzuki has announced a recall for the Kizashi models because of spider problems which seem to love the fuel tanks ...
[VIDEO] Mercedes-Benz AMG GT gets new teaser
A new teaser video with the upcoming Mercedes-Benz AMG GT has been officially released, confirming its official unveil scheduled for ...
[VIDEO] 2015 Porsche Cayenne GTS spied on the Ring
Porsche is currently testing out a new version of the Cayenne, the Cayenne GTS, which is believed to pack a ...
BMW 2-Series Family Tourer rendered
The first rendering with the upcoming BMW 2-Series Family Tourer has ended up onto the web, providing us with a ...
New Mercedes-Benz C220 BlueTEC gets updated by Schmidt Revolution
German tuning company Schmidt Revolution has worked its magic on the new-gen Mercedes-Benz C-Class generation, providing an aftermarket package for ...
[VIDEO] See a Lamborghini Huracan hit 340 km/h
A Lamborghini Huracan supercar has been recently taken from 0 to an impressive 340 km/h and this is extremely impressive, ...
Australian recall roundup: Jeep Grand Cherokee for rear blinkers issue
The North American based automaker Jeep has recently announced a recall for several Grand Cherokee vehicles, because of a potential ...
2015 Volkswagen Jetta gets priced over-seas
The 2015 Volkswagen Jetta has been recently priced in the United States, where the model in question is now available ...
[Videos] Futuristic BMW i8 tech also available on “standard” models
BMW’s i8 sports car is at the forefront of the company’s technology prowess. It’s performance rivals that of a supercar, ...
Australia – 2015 Volvo XC90 First Edition price announced
Volvo Australia has announced the official price of the 2015 XC90 First Edition, which will be set at 120,000 AUD, ...
Chevrolet made over 37,000 units of the Corvette during the 2014 model year
The new generation of the Chevrolet Corvette has been produced in over 37,000 units for the 2014 model year. The huge ...