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Aston Martin sale imminent

Despite denying they were in talks to sell a stake, Aston Martin has confirmed it is in talks for a ‘Capital Increase’ with a deal announcement seemingly imminent. We’ve been banging on for more than a year that Aston Martin needs a new investor if it has any chance of remaining credible and viable. And now it looks like that ‘Big Brother’ for Aston Martin is imminent.

Who's Where: Alfonso Albaisa appointed Vice President of Nissan Design Europe

Alfonso Albaisa has been appointed vice president of Nissan Design Europe (NDE) located in Paddington, London, effective April 1, 2007. Albaisa replaces Satoru Tai, who will return to Japan. In his new role, the 42-year-old Cuban-American will head a team of more than 50 international designers, modelers and support staff.

Toyota recalls 370,000 Sienna minivans for spare-tire problem

Toyota is recalling certain Sienna minivans manufactured between 2004 and 2011 and sold in 20 northern and Midwestern states and the District of Columbia. The problem is a spare-tire carrier cable that may disintegrate over time due to rust, causing the tire to fall away. A total of 370,000 Sienna models are a part of this recall.