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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
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?
For the third time this season, Mercedes faltered in their 1988-esque campaign and there’s only one man ready to pounce ...
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 ...