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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.

Toyota teases new 2014 Aygo city car

This is the initial teaser image of the new 2014 Toyota Aygo, set to make its first public appearance at the 2014 Geneva Motor Show next month. The Japanese firm is yet to reveal any details on its new city car, but we do know that it has once again been developed in conjunction with Peugeot and the French firm’s latest 108 compact urban hatchback. On Bing: see pictures of the 2014 Toyota Aygo Find out how much a used Toyota Aygo costs on Auto Trader Just like the previous Aygo, the new car will share its chassis and engine line-up with the latest Peugeot.

Four million drivers aged over 70

THE NUMBER of people aged over 70 who hold driving licences has exceeded four million for the first time, according to the RAC Foundation. The oldest licence holder is a 107-year-old woman, while there are 191 people aged over 100 who have licences. Once people reach 70 they must declare whether or not they are fit to drive every three years, without having to take a driving or medical examination.