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Mirrors for Sale
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Aston Martin sells 38% stake to Italians to raise cash
Fri, 07 Dec 2012Aston 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.
Porsche Cayenne Diesel TECHART launched
Mon, 06 Jul 2009The TECHART Porsche Cayenne Diesel offers some useful power upgrades But some modifiers do get it right – particularly in the performance stakes. Some of Gemballas’s Porsche Cayenne Tornado cars offer spectacular performance, if not always the most tasteful of body mods. But time are a changing, and modifiers are starting to look at the Porsche Cayenne Diesel as a good way forward.
Jaguar Land Rover & Chery in business
Sun, 18 Nov 2012The joint venture between Jaguar Land Rover and Chery Automobile in China is now official and will see new production and R&D facilities in China. Jaguar Land Rover has now received official approval for its joint venture in China with Chery Automobile from China’s authorities – something we predicted as long ago as February 2011 - which will see both JLR and joint branded cars rolling off production lines in China. The JV will be known as Chery Jaguar Land Rover Automotive Company Ltd.