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ON, CA
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Aston Martin Sale: InvestIndustrial (& AMG) look to have won
Thu, 06 Dec 2012It looks like the sale of a chunk of Aston Martin is going to InvestIndustrial, promising Mercedes AMG technology for AML. Just last week, Aston Martin finally confirmed the the Kuwait Investment Dar was looking to off-load a chunk of its shareholding in AML. And now it looks like a deal is done.
Saab announces new China joint-venture
Mon, 16 May 2011Following on from last week's collapsed Hawtai Motor Group deal, Saab owners Spyker Cars have announced a fresh collaboration agreement today with Pang Da Automobile Trade Co, a Chinese vehicle distributor. Saab and Panda Automobile Company? Sounds Mickey Mouse to me!
Fiat dealers likely to get Alfa, Marchionne says
Tue, 24 Aug 2010Sergio Marchionne, CEO of the Chrysler Group, said that Alfa Romeo vehicles will likely be sold at Fiat dealerships in the United States. About 200 Fiat franchises will be awarded this fall, mainly to Chrysler Group dealerships in metro markets friendly to small cars. Fiat is preparing to bring Alfa vehicles to the United States starting in late 2012.