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Italian firm buys stake in Aston Martin

The former owner of Italian motorcycle maker Ducati has bought a 37.5-percent stake in financially strapped British car maker Aston Martin. The move means future Astons could use modern drivelines and electric architectures from Mercedes-Benz's AMG division, insiders with knowledge of the deal suggest. Private equity fund Investindustrial has signed a memorandum of understanding with current Aston Martin owner Investment Dar of Kuwait that will see it pay $240 million (150 million pounds) for the ownership stake.

$5 billion competition on to replace Humvee

Competition is heating up to win a contract for a vehicle that will replace nearly 18,500 aging military Humvees for the U.S. Army and Marine Corps starting in 2015. Six proposals are in play, with little time left before federal contracting officials decide on development of the $5 billion-plus program.

Audi SQ5 costs £43,870 in UK

The diesel Audi ‘RS’ Q5 – the Audi SQ5 – with 309bhp and 0-62mph in 5.1 seconds, will cost £43,870 when it arrives in the UK in spring 2013. That means Audi’s 3.0 litre V6 BiTurbo TDI with a healthy 309bhp and 479lb/ft of torque, enough to deliver the SQ5 to 62mph in 5.1 seconds, on to a top speed of 155mph and deliver an official economy figure (although you’ll never get it) of over 40mpg. The power goes through an eight-speed tiptronic ‘box to all four wheels and you get a sound actuator in the exhaust to give you a non-diesely roar. Audi has also dropped the suspension on the SQ5 by 30mm compared to the regular Q5 S Line for a more sporty manner, and if you opt for Audi’s Drive Select Adaptive Dynamics you’ll also get  Comfort, Auto, Dynamic and Efficiency modes (and an Individual mode too if you opt for HDD SatNav as well) which alter the steering, transmission, throttle and even the exhaust actuator to suit.