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De Tomaso sold by Rossignolo

De Tomaso sold to unknown investors De Tomaso – the ill-fated Italian supercar maker – has been sold by Gian Mario Rossignolo after a financially fraught revival attempt. De Tomaso seems fated to lurch from one financial crisis to another – as it has throughout its history – with the latest efforts by former Fiat executive Gian Mario Rossignolo to revive the marque floundering for investment. And it looks like Rossignolo has given up the fight and sold out to unnamed investors.

Aston Martin expands personalization scheme

Aston Martin, the UK's ‘coolest brand', is set to increase its offerings of unique products. The British carmaker has announced that the ‘Works Tailored' personalization and customization department is expanding as part of a six-month development plan within the brand. The recently formed ‘Works Tailored' department, which works in close collaboration with engineers and designers, offers owners of Aston Martins of any age the chance to personalize their car to their exacting standards.

Lajdziak replaces Schembri as the president of Smart USA

Jill Lajdziak, Saturn's former top executive, was named president of Smart USA just three days after starting with the company. David Schembri, who previously held the job, will take an unidentified position with the Penske Automotive Group, which distributes the Smart ForTwo microcar in the United States, the company said. "Dave will transition into retail operations at Penske Automotive Group with our dealerships," said Penske spokesman Anthony Pordon.