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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
Ecclestone lets frustration show in Malaysia
Mar.27 (GMM/Inautonews.com) Bernie Ecclestone cut a frustrated figure on Friday. Speaking to reporters in Malaysia, the F1 supremo refused to ...
BMW X5 xDrive40e is preparing for Shanghai debut
BMW is getting ready to officially present the new X5 xDrive40e during the 2015 Shanghai Motor Show, next month. The BMW ...
[VIDEO] Porsche 911 GT3 RS races Cayman GT4 in new promo
A new Porsche promotional video is showing the brand new Cayman GT4 and the 911 GT3 RS racing each other ...
It’s official – Mercedes-Benz confirms its first ever pickup truck
Mercedes-Benz has officially announced its plans to put a pickup truck into production by the end of the decade. The German ...
2016 BMW M135i gets massive photo gallery
BMW has released a large photo gallery with the recently unveiled M135i, the company’s hot hatch. After being officially presented to ...
PSA chooses France factory expansion instead of Spanish plant
PSA Peugeot Citroen announced that it decided to expand engine production through an upcoming investment plan, with the winner of ...
India: Honda to lift production capacity as demand recovers
The third largest Japanese automaker, Honda Motor Co., has announced recently it would invest around 9.65 billion rupees ($154 million) ...
McLaren plans 540C
A new entry-level sports car, to slot below the upcoming 570S, previously known as the Sport Series, will be developed ...
Honda S660 to get international version with a larger engine
The brand new Honda S660 sports car is believed to spawn an international variant which should be powered by a ...
Mercedes-Benz C-Class Estate AMG Line by Brabus
The aftermarket specialists from Brabus have recently worked their magic on the Mercedes-Benz C-Class Estate AMG Line. The Mercedes-Benz C-Class Estate ...
Testing becomes crucial element in race towards autonomous vehicles
Automakers and technology companies, such as Internet search giant Google Inc., have kickstarted an amazing race to become the first ...
2015 Dodge Durango R/T goes official
Dodge has officially pulled the wraps off the 2015 Durango R/T which has received a series of updates and it ...
Buick Enclave Tuscan Edition introduced
The Tuscan edition of the 2016 Enclave has been recently introduced by Buick as the model is adding a variety ...
US: March sales could surprisingly post a decline
In what could bring a surprising and rare monthly decline, the auto sales for last month now hangs on the ...
[VIDEO] Kermit Green Ferrari 458 Speciale
A unique version of the Ferrari 458 Speciale, finished in Kermit Green, has been recently spotted. Last year, we have seen ...
Spotted – New-gen Kia Optima
The new generation of the Kia Optima has been recently spotted out in the open ahead of its public debut ...
US: Fortune has GM’s Barra in Motor City leadership trifecta
General Motors chief executive officer Mary Barra, Detroit Mayor Mike Dugga and the city’s former emergency manager, Kevyn Orr have ...
Netherlands: Uber offices raided by regulators in court ruling compliance issue
US-based ride-hailing service provider Uber Technologies found its Amsterdam offices recently raided by a Dutch regulatory agency over its UberPOP ...