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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.

Exclusive: Derek Jenkins to become Design Director at Mazda

Derek Jenkins, former chief designer at the Volkswagen Group design studio in Santa Monica, will become the new Director of Design at Mazda's R&D Design Center in Irvine, CA. Jenkins, who resigned from Volkswagen on March 17th, will be filling the position previously held by Franz von Holzhausen, who left Mazda in August last year to become Design Director at Tesla Motors. "I'm excited to take on something new," Jenkins told CDN.

Cadillac CTS Coupe (2010) – Official

Cadillac will launch the CTS Coupe in Spring 2010 Having let the cat out of the bag over plans for a range-topping Cadillac CTS-V Coupe (and the CTS-V Wagon) the other day, GM has now released official detail of its less powerful sibling, the CTS Coupe, which will launch in the Spring of 2010, so as is American convention we should probably call it the 2011 Cadillac CTS Coupe (the American car industy is as bad as the fashion industry – everything is ‘Next Year’). The CTS Coupe joins the Saloon (Sedan) and Estate (Wagon) to complete the three model lineup for the CTS, and is by far the best looking of the bunch, although to be fair both the saloon and estate are attractive in a bold, American kind of way. Sitting a couple of inches lower than the saloon, the Coupe is also a couple of inches shorter.