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Aston Martin sells 38% stake to Italians to raise cash

Aston Martin today announced a deal with Italian private equity fund Investindustrial, securing a £150m investment to own a 37.5% stake in the business. Aston Martin hopes this should secure the long-term future of the beloved but hitherto financially wobbly sports car maker. Together with the new owners, it announced a £500m investment in future product.

Honda CR-Z, Fit joining hybrid lineup next year

Honda is growing its hybrid lineup with the addition of the CR-Z coupe and a hybrid version of the Fit. The Japanese automaker on Monday said that the sporty CR-Z, which has been shown as a concept, will go on sale in Japan next February. The hybrid Fit is to hit the Japan market before the end of next year.

Audi TTS Limited Edition coming to the UK. Price from £38,860

Audi TTS Limited Edition marks 500,000 TT sales In some ways the Audi TT seems to have been around for ever, although it was actually launched in 1998 and garnered fame as a bit of a softy aimed at hairdressers and others who valued cosmetics over ability. But the latest Audi TT is a much better car and does offer real performance and real driving fun, especially if you opt for the TT RS. In the fifteen years since the TT launched, Audi has managed to flog 500,000, and to celebrate we’re treated to a new TT limited edition – the Audi TTS Limited Edition – which comes with cosmetic tweaks and as a coupe or roadster.