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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.
Saab plea for Court Protection dismissed – owes €150 million to creditors
Thu, 08 Sep 2011Saab denied Court Protection - there seems no way out We hoped Victor Muller had found a way out of Saab’s financial woes by applying to the Swedish Courts for protection from its creditors while it waited for funds from China to arrive. But the application has hit a brick wall. The district court in Vanersborg said in a statement that there was no reason to believe protection and reorganisation would work for Saab.
The best supercars at the Frankfurt Motor Show 2013 on video
Thu, 12 Sep 2013The Frankfurt Motor Show 2013 was awash with supercars of every type and hue. And there was change afoot. Sports cars are finally catching up with the changing zeitgeist - and a new breed of exotica emerged at the Frankfurt exhibition in September 2013.