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Mercedes-Benz considering Aston Martin buyout
Mon, 17 Mar 2014Mercedes-Benz is reportedly considering a deal to buyout sports car manufacturer Aston Martin, which would increase the firm’s current 5% stake in the British brand. Following a deal to supply AMG engines to Aston for its next generation of vehicles (hence the current 5% share), a buyout or even further investment in Aston Martin could be beneficial to both brands. On Bing: see pictures of the Aston Martin Lagonda SUV concept Find out how much a used Aston Martin costs on Auto Trader With Mercedes technical expertise and existing model range, it opens up potential new models to Aston Martin.
West Hollywood hires a robo-valet
Fri, 13 May 2011West Hollywood, Calif.--where the valet guy can be just as much of a power broker as some big-shot producer--is going high-tech with its new parking garage. The Southern California city has enlisted Israeli company Unitronics to build a 200-car garage on Santa Monica Boulevard that will automatically park and retrieve cars. Think RoboValet.
Citroen unveils DS Inside concept
Fri, 06 Feb 2009Citroen on Thursday unveiled the DS Inside concept car ahead of the its scheduled debut at the Geneva auto show in March. Sources told Automotive News Europe that the three-door hatchback concept is a near-production version of the planned DS3 small car, which will go on sale across Europe in early 2010. The DS3 will be the first element of Citroen's planned three-car "near-premium" range.
