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Champlain, New York, United States
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U.S. equity firm to invest $70 million in Saab
Thu, 20 Oct 2011Race-car fan and private-equity executive Alex Mascioli is pumping $70 million into Saab as the Swedish automaker works to stay afloat. Mascioli's firm, North Street Capitol, is buying $10 million in shares of Swedish Automobile, which owns Saab, and is also giving the company a $60 million loan to pay for the carmaker's reorganization. U.S.-based North Street Capital struck a deal in September to buy the Spyker sports-car business from Swedish Automobile for $44 million.
Aston Martin V12 Vantage price set
Thu, 03 Jun 2010The V12-powered version of the Aston Martin Vantage arrives in U.S. dealer showrooms late this year, with a base sticker price of $181,345, which includes shipping charges and a $3,000 gas-guzzler tax. Stepping up to the Carbon Black Special Edition adds $15,000 to the sticker price, for a total of $196,345.
Exclusive: 2012 Bentley Continental GTC spied – with new V8
Sun, 10 Jul 2011First photo of a V8 Bentley Continental We had the launch of the new Bentley Continental GT – the 2011 car – back in September at the Paris Motor Show, but we’re still waiting for what will now be the 2012 Bentley Continental GTC – the drop-top Conti. We had a photo of the new GTC – complete with a slightly odd two-tone paint job – drop in last week, and we’d planned to run the story today – it’s a good filler for a Sunday. But it’s turned in to a bit more than that.