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Aston Martin sells 38% stake to Italians to raise cash

Aston Martin today announced a deal with Italian private equity fund Investindustrial, securing a £150m investment to own a 37.5% stake in the business. Aston Martin hopes this should secure the long-term future of the beloved but hitherto financially wobbly sports car maker. Together with the new owners, it announced a £500m investment in future product.

RM Auctions to offer ex-works Ducatis at Monaco event

RM Auctions took a break from its Arizona dealings to drop a release about its upcoming Monaco event featuring 100 classic and rare Ducati motorcycles. The Saltarelli Collection will be on sale at the Grimaldi Forum Monaco, May 10-12, in Monte Carlo. Alongside the Saltarelli Collection, Ducati will offer a selection of classic motorcycles from its factory and museum.

New Mercedes GLA teased on video

Thye new Mercedes GLA (pictured) teased on video ahead of Frankfurt It was only last week we revealed that the latest iteration of the new Mercedes A-Class – the Mercedes GLA Compact SUV – would be making its debut at next month’s Frankfurt Motor Show in production guise. And now Mercedes are starting the tease. They kicked of late yesterday with a sketch of the new GLA, but as we’ve already seen the concept at Geneva, and designers sketches are not exactly the most reliable interpretation of the reality, we didn’t see much point in republishing them (you can see them on Mercedes Facebook page).