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Investindustrial take 37.5 per cent stake in Aston Martin

InvestIndustrial – former owners of Ducati – have taken a 37.5 per cent stake in Aston Martin for £150 million. We’ve been proclaiming for more than a year that Aston Martin needs new investment, and AML finally confirmed as much a few weeks ago. And just yesterday we revealed a deal for Aston Martin was now a one horse race.

Campaign Group Calls For Halt To 20mph Roll Out

CAMPAIGN group Alliance of British Drivers (ABD) is calling for Government to halt the roll out of 20mph zones following further increases in 20mph accidents. The organisation has also questioned the motivation of proponents who continue to advocate a national roll out of 20mph zones, despite an ongoing Government investigation and claims of increased recorded accident statistics in current 20mph zones. In a recent survey of its members: 95% of Alliance of British Drivers' members believe that the roll out of 20mph zones and limits should be halted pending Government research into increased casualty statistics in current zones.

Opel to shed upscale pricing in effort to win back core customer

Opel/Vauxhall is reversing its upscale pricing strategy and will make its cars more affordable to win back buyers, CEO Karl-Friedrich Stracke said. "We need to regain our traditional customer base," Stracke told the Automotive News Europe Congress in Monte Carlo on Thursday. "We moved Opel up too quickly.