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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.
VW L1 diesel-hybrid concept at 2009 Frankfurt motor show
Tue, 15 Sep 2009By Ben Pulman First Official Pictures 15 September 2009 10:30 This slender concept car is VW’s new L1, a diesel-electric hybrid unveiled at the 2009 Frankfurt motor show. Made from aluminium and carbonfibre it weighs just 380kg, and is capable of 189mpg while emitting just 39g/km CO2. Let’s start with the aerodynamics.
Volkswagen Taigun poised for production
Mon, 15 Jul 2013Update: We've added a video of the VW Taigun in action. Check it out below. Volkswagen has moved a step closer to joining the small-SUV ranks -- it will produce its compact Taigun, VW sources told Autoweek.