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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.
Ferrari LaFerrari lands in China: Shanghai Motor Show
Wed, 24 Apr 2013Ferrari’s hybrid supercar was as eagerly received as it was in Geneva, with a sea of photographers, press and visitors thronging to get a glimpse of what is undeniably an impressive ‘F70′ from Ferrari. But looking good is perhaps the second ‘must have’ for a supercar – especially one that replaces the Enzo – and LaFerrari looks to deliver on the number one priority for most supercar buyers - performance. With 798bhp from its naturally aspirated V12 and an extra 161bhp from its electric motor, LaFerrari promises a dose of green credentials – important, to a degree, on China’s polluted roads – to go with its performance and handling, performance that can see the car it get to 62mph in under 3 seconds and on to a 186mph in an even more impressive 15.5 seconds.
Holden Calais unveiled, previews Chevrolet SS
Sat, 09 Feb 2013General Motors' Australian subsidiary, Holden, has revealed its new VF series Calais -- the rear-wheel-drive sedan that in top-of-the-line, V8-powered, left-hand-drive form -- will be exported to North America and sold as the Chevrolet SS. The new Calais sits at the top of what Holden describes as an “extensively upgraded Commodore” range, with right-hand-drive Australian sales set to get underway in June. The Holden Commodore and its more luxurious Calais derivative have underpinned General Motors' sales in Australia since its introduction in 1978.