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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.

Brooklands Centenary

By Jack Rix Motor Shows 12 June 2007 10:10 Brooklands Centenary Festival: the lowdown The world’s first purpose-built race track will celebrate 100 years of motorsport this weekend - 100 years to the day after opening its banked turns in 1907. A spectacular recreation of The Grand Opening Parade will see some of the track’s most famous racers taking to the old circuit for the first time in almost 50 years. And Brooklands' impossibly modern neighbour Mercedes-Benz World will embrace the past, too, displaying pre-war cars and motorcycles with Brooklands history.

After a miss with the Sebring, Chrysler resets its upscale mission

With the 2011 200 sedan, due in December, the Chrysler brand is taking another shot at the vast mid-sized sedan market, a target it missed badly with the Sebring. The 200, derived from the Sebring, resets the brand mission: refined design, luxury touches inside, a quiet ride and responsive handling--at affordable prices. The approach will be shared by the reworked Chrysler Town & Country minivan, also due in December, and the reworked 2012 Chrysler 300 sedan, which arrives in March.