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Buffalo/Toronto, United States
Lighting for Sale
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Investindustrial take 37.5 per cent stake in Aston Martin
Fri, 07 Dec 2012InvestIndustrial – former owners of Ducati – have taken a 37.5 per cent stake in Aston Martin for £150 million. We’ve been proclaiming for more than a year that Aston Martin needs new investment, and AML finally confirmed as much a few weeks ago. And just yesterday we revealed a deal for Aston Martin was now a one horse race.
NHTSA investigating Toyota Prius hybrid for steering-shaft concerns
Mon, 25 Feb 2013The National Highway Traffic Safety Administration announced Monday it will look into whether steering shafts in Toyota Prius models spanning from 2004 through 2009 model years are defective. According to the Detroit News, NHTSA has already recalled the Toyota Prius twice for steering-shaft problems. In 2012, 669,000 Prius vehicles from 2004-2009 model years were recalled to replace the steering-shaft extension assembly.
Rinspeed iChange concept (2009): first pics and video
Mon, 16 Feb 2009By Alex Michaelides First Official Pictures 16 February 2009 13:00 The boffins at Swiss automotive madhouse Rinspeed – the people behind the Lotus Elise-based sQuba submarine – have announced their latest exercise in Geneva motor show lunacy: the iChange, a concept car that changes shape to accommodate different numbers of passengers. Unlike its aquatic stablemate, the new Rinspeed iChange is strictly meant for dry land, but it does continue the company’s trend of battery-powered exotica, using three lithium-ion power packs. The iChange has radical bodywork that changes the car’s format.