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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.
Electric Mercedes B-Class for China
Sun, 08 Aug 2010Mercedes B-Class is the basis for new China BEV Back in March we reported that Mercedes and Chinese car maker BYD – they of the high-end battery technology – were getting cosy with plans to launch a new car make in China. And it looks like the first product on the list will be a BEV (battery electric vehicle) based on the current – soon to be repalced – Mercedes B Class. Which makes a lot of sense.
Which is the greatest Porsche of all time?
Wed, 21 May 2008By Tim Pollard Motor Industry 21 May 2008 10:19 Which is the greatest Porsche of all time? CAR Online is polling our users to find out – and it’s not too late to have your say. It’s all part of Porsche’s 60th anniversary, celebrated in the June 2008 issue of CAR Magazine.