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Italian firm buys stake in Aston Martin
Fri, 07 Dec 2012The former owner of Italian motorcycle maker Ducati has bought a 37.5-percent stake in financially strapped British car maker Aston Martin. The move means future Astons could use modern drivelines and electric architectures from Mercedes-Benz's AMG division, insiders with knowledge of the deal suggest. Private equity fund Investindustrial has signed a memorandum of understanding with current Aston Martin owner Investment Dar of Kuwait that will see it pay $240 million (150 million pounds) for the ownership stake.
Cadillac CTS-V Sport Wagon (Estate) video walk through
Mon, 10 May 2010The Cadillac CTS-V Sport Wagon / Estate. Video walk-through below Even though we haven’t had a Cadillac CTS-V to play with, we still love it. We know those who have and the feedback is the same – American muscle with Euro handling finesse.
2011 LA Design Challenge entries revealed
Tue, 01 Nov 2011As the Los Angeles Auto Show rapidly approaches, the 8th international Design Challenge has been announced. Inviting studios from across the globe to compete, previous years have seen concepts created for environmentally conscious briefs that called for sub-1000lb vehicles through to ‘Motorsport 2025' concepts that reinterpreted motor racing in the semi-distant future. This year sees six design studios turning to the silver screen and creating the next ‘A-list automobile', those being: Honda Research and Development Americas, Inc; Hyundai Design North America; Mercedes-Benz Research & Development North America inc.