Arias Pistons 12.5:1 Compression 82mm Bore Honda B-series on 2040-parts.com

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.

Chrysler to close Pacifica Advanced Design Studios

The 20 designers at Chrysler's Pacifica Advanced Design Studios in Carlsbad, California will soon be finding themselves out of a job. The struggling North American automaker announced the closure of the facility on Friday, stating that the company is ‘leveraging resources worldwide, forming new joint ventures and alliances and consolidating operations in order to better achieve global balance.' Responsible for many of the more successful designs hailing from Chrysler in recent times, including the Chrysler 300 sedan and the new Dodge Challenger musclecar, the Pacifica Advanced Product Design Center also yielded the Nassau concept car and the Pacifica crossover – bearing the same name as the west coast studios in which it was created. The work done at the Pacifica Advanced Design Center will be consolidated into the Advance Design function in Auburn Hills and continue to be led by Senior Vice President of Design, Trevor Creed.

New car sales see record growth period

ANOTHER rise last month has taken UK car sales to their longest-ever period of growth. A total of 194,032 new cars were registered in May – a 7.7% rise on the May 2013 figure, the Society of Motor Manufacturers and Traders (SMMT) said. The increase last month was the 27th consecutive monthly rise – beating the previous record of 26 months of growth between May 1987 and June 1989.