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NH, United States
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Aston Martin IS up for sale. But you knew that.
Sat, 10 Nov 2012The Kuwait Investment Dar – Aston Martin’s biggest shareholder – is seeking a buyer for its 64 per cent share of Aston Martin. Just over a year ago, we reported that Aston Martin was up for sale, even though AML were emphatic the company was doing well and not seeking a new owner. But now it seems a year or more of trying to find a buyer on the quiet has failed, so Aston Martin’s biggest shareholder - the Kuwait Investment Dar with 64 per cent – has instructed Rothschild to advise on the sale, according to Bloomberg.
GM technology chief Tom Stephens to retire
Sun, 15 Jan 2012Tom Stephens, GM's vice chairman, chief technology officer and former head of global product operations, will retire on April 1 after a 43-year career with the automaker. His successor will be named later, GM said Sunday. Stephens, 63, has served as GM's chief technology officer--a new position--since Feb.
Subaru FT-86 – Turbo and 4WD
Wed, 28 Oct 2009Rendered speculation on the Subaru FT-86 Toyota brought the FT-86 – a 2 door coupe concept that may well see the return of the Celica name – to the Tokyo Motor Show this month. Designed to be an affordable coupe – and designed in collaboration with Subaru – it looks a promising new car. But we’ve seen no real detail on the other part of the equation – the Subaru FT-86 (know internally as the 216A).