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Daimler raises its stake in Aston Martin to 5%, as alliance deepens
Mon, 04 Aug 2014By Tim Pollard Motor Industry 04 August 2014 17:42 Daimler has raised its stake in British sports car maker Aston Martin as the Anglo-German alliance strengthens, it emerged today. The Mercedes-Benz parent company grew its stakeholding by 1% on 31 July 2014, the company confirmed. Daimler now owns 5% of Aston Martin.
Freshened Nissan GT-R gets more power
Fri, 08 Oct 2010The mid-life refresh of the storming Nissan GT-R will feature a power increases as well as slightly updated styling and new interior trim options. Nissan is keeping details of the extra power to itself, although rumors imply it might grow to more than 500 hp. The design tweaks are intended to flow more cooling air into the engine bay, which suggests the power might rise substantially.
'Paradox' in transport policy claim
Tue, 26 Nov 2013THERE IS A "paradox at the heart" of the Government's roads programme, a transport policy professor has told MPs. The question on whether traffic levels would increase or decrease in the future was unresolved, University College London emeritus professor of transport policy Phil Goodwin told the House of Commons Transport Committee. The paradox was that if traffic levels increased the planned roads programme was "not big enough to make an improvement", he said.