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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.
Renault Twin’Run takes on Renault 5 Turbo & Clio V6 (video)
Sun, 26 May 2013Renault Twin’Run takes on the Renault 5 Turbo and Clio V6 It’s only a couple of days since the Renault Twin’Run Concept sprang in to life, complete with V6 Turbo powering the back wheels and looking for all the world like a spiritual successor to mad Renault’s from times gone by – like the R5 Turbo and Clio V6. And it seems that’s a point Renault want to make very clear as they appear to be about to launch a short ‘Adventure’ film starring the Twin’Run, R5 and Clio out playing, just so we all know what the Twin’Run’s heritage is. But this is Renault – and they’re French, you know – so instead of recruiting a trio of boy racers to pilot the three hot hatches they’ve enlisted the skills of a trio of beautiful women.
UK new car registrations: 20 months of growth
Thu, 07 Nov 2013The Society of Motor Manufacturers and Traders (SMMT) has once again increased its new car forecast for 2013. The news comes off the back of the 20th consecutive month of growth, with new car registrations up 4% in October. Last month’s total of 157,314 registrations brings the total to 1,952,238 in 2013 so far, leading the SMMT to up its forecast from 2.22 million to 2.25 million.