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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.

CAR Magazine South Africa launches ‘Design a Car’ competition

CAR Magazine in South Africa has announced its ‘Design a Car' competition, in an attempt to encourage aspiring South African designers. Entrants are asked to submit designs for a compact, environmentally friendly four-seater Jaguar that stays true to the brand's premium/sporty image for market introduction in 2015. Luma, the digital content creation company, will turn the winning design into a three-dimensional animation and it will also feature in a short promo film with a vehicle designed by CAR's own staff.

Lamborghini Urus SUV confirmed for 2017 – again

The Lamborghini Urus SUV (pictured) has been signed-off for production by VW It’s already two years since the Lamborghini Urus SUV went from speculation to reality as a concept version arrived at the 2012 Beijing Motor Show. Since then we’ve had speculation that, apart from being underpinned by the next generation large SUV platform from VW, which will underpin everything from the Bentley Falcon SUV to the next generation Audi Q7, the Urus will probably be fitted with a twin-turbo V8 delivering around 600bhp, a take on the 4.0 litre twin turbo used by Bentley and Audi. We’ve also had confirmation from a Lamborghini source that the Urus SUV will launch in 2017 and spearhead Lamborghini’s drive to reach annual sales of 3000 cars.