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Aston Martin Sale: Mahindra & Investindustrial front runners
Sun, 25 Nov 2012It seems the battle to take a stake in Aston Martin has come down to a battle between Mahindra & Mahindra and Investindustrial. After reporting more than a year ago that Aston Martin urgently needed a new owner, or major investor, if it is to survive, it became clear earlier this month that Aston Martin was ready to acknowledge that need as the Kuwait Investment Dar starting seeking a buyer for the majority of its majority stake in AML. So far we’ve had Mahindra and Mahindra, Tata (owners of Jaguar Land Rover), Toyota and unnamed Chinese investors in the frame, but it seems the race to take a big chunk of Aston Martin Lagonda has come down to just two – Mahindra and Investindustrial.
Chevrolet to pull out of Europe
Thu, 05 Dec 2013General Motors is ‘strengthening’ its ‘European brand strategy’ by pulling Chevrolet out of mainstream markets in Western and Eastern Europe. This is ‘largely due to a challenging business model and the difficult economic situation’ – but does not mean that Chevrolet is set to disappear entirely. On Bing: see pictures of European Chevrolets Find out how much a used Chevrolet costs on Auto Trader Instead, Chevrolet ‘tailor its presence’ by offering only select ‘iconic’ vehicles from the marque’s global portfolio.
Huge 'barn find' Porsche collection for sale
Mon, 12 Aug 2013Here at MSN Cars, we often bring you pictures from the world's most exclusive car auctions, where the lots sometimes sell for many millions of pounds. But actually, there's something far more evocative about this collection of around 200 Porsches that are about to be auctioned. Maybe it's the unrestored and unpolished condition of many of the cars on offer.