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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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More mahindra & mahindra articles

Mahindra & Mahindra favorite to take over Aston Martin
The fate of Aston Martin is likely to be decided this week, with India's Mahindra & Mahindra favorite to become the British sports car maker's new owner. Mahindra's rival for the ...
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 ...
Mahindra & Mahindra’s Q2 profit up 22 percent on strong SUV sales
Mahindra & Mahindra, India's biggest maker of sport-utility vehicles and tractors, today posted a 22 percent increase of its second-quarter net profit. The parent company of SsangYong was helped by strong ...
Mahindra Reva opens new EV plant in Bangalore
Mahindra Reva Electric Vehicles, a subsidiary of Mahindra Group, has inaugurated a new automobile factory in Bangalore, India. The new assembly plant has an annual capacity of 30,000 cars and is ...
U.S. Auto Dealers Sue Mahindra for Fraud
U.S. auto dealers, accuse Mahindra & Mahindra of misrepresentation, fraud and conspiracy. According to the lawsuit Mahindra defrauded hundreds of U.S. auto dealers and left with over $60 million in cash ...
Mahindra Chairman Mr. Keshub Mahindra Retires from the Board
Mr. Keshub Mahindra, Chairman of Mahindra & Mahindra Ltd., informed the Board of his intention to retire from the Board on August 8th. The Board accepted his decision but requested him ...
Mahindra Develops the All-New Scorpio SUV in India
AutocarIndia.com said that Mahindra & Mahindra has started to work on an all-new Scorpio SUV. The company planned earlier this year to bring its diesel-powered Scorpio pickup to the States, but ...
Mahindra Reva targets 30,000 sales over the next three years
India's Mahindra Reva Electric Vehicles aims to sell 30,000 cars by 2015, encouraged by government policy support for the industry, the company CEO announced. At the Auto Expo in New Delhi ...
Report: Dongfeng interested in Saab assets
State-owned Chinese automaker Dongfeng Motor Corporation wants to buy the remaining assets of Saab, of which the most important is the Trollhattan plant, according to a report from Chinese media ...

latest automotive news
Administrator becomes Caterham team boss
Oct.24 (GMM/Inautonews.com) The Caterham saga took another bizarre twist on Friday as an administrator became the new team principal. With ...
[VIDEO] McLaren P1 MSO spotted on the Fiorano
A McLaren P1 customized by MSO has been recently spotted lapping Ferrari’s famous Fiorano track. If you though that vehicles which ...
Ford Focus Electric gets price cut in the U.S.
The Ford Focus Electric has received a new price cut in the United States because of poor demand. While its main ...
Test Drive: Dacia Sandero Stepway 1.5 90 HP
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[VIDEO] Mercedes-Benz GLC63 AMG prototype caught on the open road
A prototype version of the upcoming Mercedes-Benz GLC63 AMG has been recently caught on camera while it was being tested ...
[VIDEO] See the world’s fastest Toyota Supra in action
The world’s fastest Toyota Supra has been recently spotted in action on a drag strip where it managed to shatter ...
Mercedes-Benz S600 Pullmann spied
Our spy photographers have managed to capture the upcoming Mercedes-Benz S600 Pullmann on camera while it was being tested out ...
BMW i8 costs more than $200,000 on eBay
The price of a BMW i8 stands at a whopping 200,000 USD on eBay as we recently found out doing ...
Mercedes-Benz GLA45 AMG announced for Australia
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Recall roundup: 850,000 units of the Audi A4
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Ferrari LaFerrari for sale
Another unit of the impressive Ferrari LaFerrari is currently looking for a new owner who will have to pay no ...
Ferrari F50 gets crashed in the UK
A Ferrari F50 supercar has been recently involved in a heavy crash in the United Kingdom after its driver lost ...
BMW M2 Cabrio coming in 2016
The BMW M2 Cabrio will be introduced in a couple of years according to a recent report. Rumors on the anticipated ...
BMW X5 Concept eDrive gets spotted in Paris
The brand new BMW X5 Concept eDrive has been recently spotted out in Paris while cruising the streets. After being officially ...
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[VIDEO] BMW X5 M and X6 M teased
The German based automaker BMW has released the first teaser video with the upcoming X5 M and X6 M, which ...