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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.

Mitsubishi Outlander PHEV big dealer push – first UK cars being delivered

The Mitsubishi Outlander PHEV – moving quickly in the UK The Mitsubishi Outlander PHEV, the plug-in hybrid Outlander, has been the subject of a big marketing campaign by Mitsubishi in recent weeks, and this weekend sees a big dealer push to educate buyers. But actually, it’s a very easy job for Mitsubishi because they seem to have hit the ground running with a car that could see the beginning of the end of the BEV electric car market. That’s because the Outlander PHEV offers the best of both worlds, with its plug-in hybrid setup offering pure EV running for up to 30 miles or so – enough to get in and out of most cities – and the ability to run on carbon fuel even when the batteries run down.

Ferrari F12 & Eric Clapton’s Ferrari SP12 EC at Goodwood

The Ferrari F12 Berlinetta (pictured) will be at the 2013 Goodwood Festival of Speed The 2013 Goodwood Festival of Speed starts on Thursday with the Moving Motor Show, and Ferrari are planning a good turnout including the F12 Berlinetta popping its Goodwood Cherry. It’s nearly eighteen months since the Ferrari F12 was revealed, but this coming weekend it will get a chance to strut its 731bhp up the Goodwood hillclimb. With a 0-62mph of just 3.1 seconds and a top speed of 211mph (which isn’t that important up the hillclimb) the F12 promises a stunning spectacle for Goodwood’s visitors.