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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
F1 ‘popularity’ meeting cancelled
Jul.31 (GMM/Inautonews.com) A crisis meeting to plot formula one's future has been cancelled. The meeting was set to take place ...
Mitsubishi sells 33,000 Outlander PHEVs worldwide
Even if it is not available in the United States, Mitsubishi Outlander Plug-in Hybrid is doing really well in Europe ...
Chevrolet focused on China market
Chevrolet is set to continue growing around the globe and has recently set its mind on China, where next year ...
China plant not in Lexus’ plans
Lexus does not plan to join the carmakers manufacturing in China, remaining the only big luxury brand without a factory ...
Dark picture for the Global Auto Industry
European car makers have painted a murky portrait of the global auto market this Wednesday as concerns about Latin America ...
Review – Hungarian GP 2014 Ricciardo strikes again
Daniel Ricciardo’s first win was a lucky one, benefitting from the technical issues encountered by the Mercedes pair. His second ...
Ferrari California T test mule seen in Spain
A mysterious test mule of the recently unveiled Ferrari California T has been spotted out in Southern Spain, where it ...
BMW X4 gets tuned by Manhart Performance
The aftermarket specialists from Manhart Performance have officially unveiled a new performance upgrade kit for the BMW X4, in the ...
Mercedes-Benz MLC63 AMG spied
The top of the line version of the upcoming BMW X6 fighter, the Mercedes-Benz MLC63 AMG, has been recently caught ...
Mercedes-Benz B-Class facelift caught on the open road
The facelifted version of the Mercedes-Benz B-Class has been recently caught on camera by our spy photographers who have spotted ...
Nissan might still produce the iDX
The Japanese based automaker Nissan has a pretty good chance of putting the iDX into production in the nearby future, ...
[VIDEO] See a McLaren P1 street race a modified Nissan GT-R
The McLaren P1 and the Nissan GT-R are two different performance vehicles, but what happens when you put the two ...
[VIDEO] Alfa Romeo 4C gets tested out by Motor Trend
The guys from Motor Trend have recently taken on the brand new Alfa Romeo 4C in their latest Ignition episode, ...
[VIDEO] 2016 Audi SQ7 spied
The German based automaker Audi has been recently spotted while testing out the brand new SQ7, on the Nurburgring. Several days ...
Chrysler merger likely to be approved by Fiat investors
This Friday the Fiat shareholders will meet for the last time in Italy where they will probably approve the merger ...
New lawsuit for General Motors over faulty ignition switches
A Texas lawyer has filed a lawsuit against GM on behalf of 658 people who have been either injured, or ...
Daimler to invest €1.5 billion in Mercedes-Benz Sindelfingen Plant
The Mercedes-Benz company and its Works Council have agreed to modernize the Mercedes-Benz Sindelfingen Plant and to protect jobs in ...
Recall roundup: Nissan vehicles for Takata airbag inflators
Nissan has issued a recall involving several vehicles because of the faulty Takata airbag inflators. The newest car manufacturer to be ...