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Aston Martin sale imminent
Thu, 29 Nov 2012Despite 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 beenĀ bangingĀ 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.
BMW M3 CRT (2011) first official pictures
Fri, 24 Jun 2011This is the BMW M3 CRT. It's a lightweight special edition, mating track-spec technology from the M3 GTS with the M3 saloon body. The M3 CRT was unveiled at a BMW M function prior to the 2011 Nurburgring 24hr race this weekend.
Opel product chief Weber quits to take job with yet-unnamed rival
Thu, 07 Apr 2011Frank Weber, the German-born engineer who helped lead development of the Chevrolet Volt and Opel Ampera hybrids, is leaving General Motors' Opel unit to work for an as-yet unnamed competitor. Weber has been Opel's product chief since November 2009. His departure was reported Thursday by Automotive News Europe and confirmed by company sources.