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Aston Martin Sale: Mahindra & Investindustrial front runners
Sun, 25 Nov 2012It seems the battle to take a stake in Aston Martin has come down to a battle between Mahindra & Mahindra and Investindustrial. After reporting more than a year ago that Aston Martin urgently needed a new owner, or major investor, if it is to survive, it became clear earlier this month that Aston Martin was ready to acknowledge that need as the Kuwait Investment Dar starting seeking a buyer for the majority of its majority stake in AML. So far we’ve had Mahindra and Mahindra, Tata (owners of Jaguar Land Rover), Toyota and unnamed Chinese investors in the frame, but it seems the race to take a big chunk of Aston Martin Lagonda has come down to just two – Mahindra and Investindustrial.
BMW M5 Diesel Confirmed – the BMW M550d, perhaps?
Thu, 18 Aug 2011A diesel M5 - the BMW M550d, perhaps? We’ve been reporting on BMW’s triple-turbo diesel engine since we broke the news back in 2009 that BMW could be working on a triple turbo option for their 3.0 litre diesel, designed to create an ‘M Diesel’. And it now looks as though that will arrive as the BMW M550d – or a variation on that name – as soon as 2012.
Nissan is latest carmaker to salute U.S. military members with special discounts
Thu, 02 Jun 2011Nissan is now among automakers offering discount pricing for U.S. military members, the company confirmed last week. The Nissan Vehicle Purchase Program extends to all active and reserve members of the U.S.