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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.

Hyundai Arnejs

Hyundai has released this sketch of the Arnejs (ar-nez), a new hatchback that will represent the Korean firm in the busy European C-segment. The Arnejs is sister to the Kia C'eed, and will be on the road by Summer 2007 following its production preview at the Paris Motor Show.  The C'eed itself will be shown in production form nearby, ready for Fall sales this year. Expect engines to be shared between the two.

Nissan rekindles Almera with new Golf rival

By Tim Pollard Motor Industry 08 April 2010 09:26 Nissan plans to re-enter some of the heartland markets it departed with the loss of the Almera and Primera, CAR can reveal. It's a U-turn from a strategy that saw Nissan desert mainstream models in favour of crossovers and niche cars such as the Qashqai and Note. In an interview at the signing of the Daimler-Renault-Nissan cooperation yesterday, the Japanese firm's global product chief told CAR a new Golf rival to replace the unloved Almera was underway.'There's a live, upstream project,' Andy Palmer confirmed.