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M&M bidding for Aston Martin stake

M&M competing with European group for 50 percent stake
1 min read26 Nov '12
Staff WriterStaff Writer
2K+ views

According to media reports, a 50 per cent stake in Aston Martin could be sold before the end of the month. Bids have been made by Mahindra & Mahindra and European buyout group InvestIndustrial. Although M&M are reported to have made the higher bid, InvestIndustrial has also offered a technical partnership with Mercedes as part of the deal.

Aston Martin boss Ulrich Bez recently told Autocar that the company was not for sale, but conceded the potential need for a technical partner. Aston Martin’s Kuwait owners Investment Dar led a consortium that bought Aston Martin for £493m (Rs 4,394.7 crore) in 2007.

Updated BMW X6 launched

BMW upgrades the X6 with cosmetic changes and a new motor for the diesel.
1 min read22 Nov '12
Staff WriterStaff Writer

Mercedes’ E 220 CDI gets new Avantgarde trim

New E 220 CDI Avantgarde to pack in more features; E 250 CDI and E 200 CGI models get the axe; E 350 petrol to be sold only on a made-to-order basis.
1 min read22 Nov '12
Staff WriterStaff Writer

Porsche breaks monthly delivery record in India

Porsche India manages its best-ever monthly sales performance with 117 owners receiving their cars.
1 min read21 Nov '12
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SCOOP! BMW set to launch base 320i petrol variant

Base 320i petrol variant to cost Rs 8.5 lakh (ex-showroom, Mumbai) less than the range-topping 328i, but it will lose out on a host of features.
1 min read21 Nov '12
Staff WriterStaff Writer

New cars for 2013 - Updated

We have compiled an array of exciting new cars coming in the next 12 months. Read on to find out what exciting new metal is in store for you.
3 min read21 Nov '12
Staff WriterStaff Writer

Poll of the month

Which of these luxury car features would you like to see trickle down to mainstream cars?

Massaging seats
Active noise cancellation
Rear-wheel steering
Soft-close doors
Adaptive suspension
Auto-dimming ORVMs
2817 votes12 days remaining
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