Raymarine St60 Wind on 2040-parts.com

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.

New Aston Martin DBS WON’T keep the ‘DBS’ badge

The replacement for the Aston Martin DBS (right) will look much like the One-77 (left) at the back The revised Aston Martin DBS – due to arrive later in 2012 – will take many styling cues from the One-77 and get a new name. Aston Martin are busy working on an updated DBS (which is why we’re about to get the DBS Ultimate Edition) and are aiming for a reveal by the Paris Motor Show in September. But this isn’t going to be just a facelift for the DBS.

Is BMW’s Project-i (i3 & i8) in trouble?

Reports suggest that BMW are getting cold feet over their electric Project i and are considering delaying the i3 and i8. We’re not the biggest fans of the electric car, although we certainly see it has a place in our new world. But as a replacement for the ICE car it’s a non-starter.