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Italian firm buys stake in Aston Martin

The former owner of Italian motorcycle maker Ducati has bought a 37.5-percent stake in financially strapped British car maker Aston Martin. The move means future Astons could use modern drivelines and electric architectures from Mercedes-Benz's AMG division, insiders with knowledge of the deal suggest. Private equity fund Investindustrial has signed a memorandum of understanding with current Aston Martin owner Investment Dar of Kuwait that will see it pay $240 million (150 million pounds) for the ownership stake.

Audi A3 Clubsport Quattro Concept gets 518bhp – heading for Worthersee

The 518bhp Audi A3 Clubsport Concept (pictured) is heading for Worthersee The Worthersee Show is looming at the end of May, and we can expect some extreme and mad concepts from the VW Group queuing up for attention. And among those will be this, the Audi A3 Clubsport Quattro Concept. Based on the Audi S3, the A3 Clubsport eschews the S3′s 2.0 litre TFSI in favour of Audi’s 5-cylinder 2.5 litre, and in the A3 Clubsport the wick gets turned up considerably to 518bhp and 442lb/ft of torque.

General Motors is looking at ways to double or triple Volt production

General Motors Co. CEO Dan Akerson says the carmaker is studying how it could double or triple production of the new Chevrolet Volt plug-in hybrid should sales demand accelerate. About 240,000 potential buyers have expressed an interest in the vehicle, but production in 2011 will be just 10,000 units.