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Aston Martin sale imminent

Despite denying they were in talks to sell a stake, Aston Martin has confirmed it is in talks for a ‘Capital Increase’ with a deal announcement seemingly imminent. We’ve been banging on for more than a year that Aston Martin needs a new investor if it has any chance of remaining credible and viable. And now it looks like that ‘Big Brother’ for Aston Martin is imminent.

Aston Martin recalls most cars made since 2007

Aston Martin Aston Martin is recalling 17,590 cars - most models built since late 2007 - over a counterfeit component mistakenly used in the accelerator assembly, the firm announced this evening. A Chinese supplier makes the throttle pedal and Aston Martin said it had discovered one part used counterfeit plastic material instead of the correct component from a European supplier. Aston Martin is keen to stress that there have been no instances of the part failing or any accidents as a result of the counterfeit part.

Spyker in negotiations to sell its sports-car business to focus on Saab

Spyker Cars said Thursday it is negotiating to sell its sports car business to a company controlled by Russian billionaire Vladimir Antonov. Spyker, which bought Saab from General Motors Co. a year ago, said it has signed a memorandum of understanding to sell Spyker's assets to U.K.