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De Tomaso sold by Rossignolo
Thu, 09 Feb 2012De Tomaso sold to unknown investors De Tomaso – the ill-fated Italian supercar maker – has been sold by Gian Mario Rossignolo after a financially fraught revival attempt. De Tomaso seems fated to lurch from one financial crisis to another – as it has throughout its history – with the latest efforts by former Fiat executive Gian Mario Rossignolo to revive the marque floundering for investment. And it looks like Rossignolo has given up the fight and sold out to unnamed investors.
Investindustrial take 37.5 per cent stake in Aston Martin
Fri, 07 Dec 2012InvestIndustrial – former owners of Ducati – have taken a 37.5 per cent stake in Aston Martin for £150 million. We’ve been proclaiming for more than a year that Aston Martin needs new investment, and AML finally confirmed as much a few weeks ago. And just yesterday we revealed a deal for Aston Martin was now a one horse race.
New VW Golf R revealed – the most powerful Golf ever
Tue, 20 Aug 2013Volkswagen has announced the new Golf R hot hatch will make its world debut at the 2013 Frankfurt Motor Show before going on UK sale in spring 2014. As the undisputed king of the VW Golf range, the Golf R packs 300hp and four-wheel drive, and is likely to be priced from just under £30,000. As such, the Golf R also becomes the most powerful production Golf.