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Italian firm buys stake in Aston Martin
Fri, 07 Dec 2012The 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.
Collector electrifies a 1955 LaSalle Roadster
Fri, 29 Oct 2010Just months after Joe Bortz's unveiling of the restored 1955 Chevrolet Biscayne, the auto archeologist and collector is moving into the second phase of restoration with another General Motors Motorama concept car: the 1955 LaSalle Roadster. But here's the key difference--the LaSalle is going electric. As the LaSalle's motor was never completed, the roadster is considered a “push mobile.” To prepare the car so that it can be driven--rather than pushed--on the road, Bortz has teamed up with Pioneer Conversions, an Illinois business focusing in the electric conversion of various vehicles.
Bentley Hybrid setup works across Bentley’s range of engines
Mon, 28 Apr 2014You’ll be able to have a hybrid powertrain across Bentley’s range of engines With car makers increasingly hidebound by ever more stringent economy targets, even makers of the world’s most expensive, luxury cars are having to play ball. Which explains why Bentley has decided to go the hybrid route for their cars, with the debut of the Bentley Hybrid, a Mulsanne with the 6¾ litre V8 under the bonnet aided by an electric motor and a bank of batteries, at the Beijing Motor Show. It seems the Bentley hybrid solution – which is claimed to increase power by 25 per cent and improve emissions and economy by 70 per cent – is very similar to that used across the VW Group range, with an electric motor between the engine and transmission fed by a bank of batteries.