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Category Archives: Economy & Market
Italian Firm Purchases 37.5 Percent of Aston Martin
Aston Martin has announced a new partnership with Italian firm Investindustrial. Investindustrial has acquired a 37.5 percent interest in Aston Martin, beating Indian-based Mahindra Group for the shares. Will the newly integrated Italian influence the British brand, or do fans prefer their Astons shaken, not stirred? It was battle of wallets over wits between Mahindra Group, a $15 billion industrial conglomerate based in Mumbai, India, and Italian-based Investindustrial. Investindustrial was the underdog in the deal, with approximately $4 billion in assets under its belt. Mahindra Group boasts a much larger bank account, with around $15 billion at its disposal. Investindustrial … Continue reading
3 Lavish Mansions in Hawaii: Aloha Tony Spills the Details!
Offering picturesque views of unparalleled beauty, Hawaii is home to some of the most beautiful properties in the world. These three jaw-dropping mansions in Hawaii are among the most stunning estates available on the market today. With expansive living spaces indoors and out, each of three waterfront locations lets you fully enjoy the Aloha state’s abundant natural beauty from the comfort and convenience of your own luxury home. 1. 4711 Kahala Avenue Designed by renowned architect John Hara, whose career spans 40 years and includes such buildings as the Maui Arts & Cultural Center and the Honolulu Academy of Arts, … Continue reading
Fisker Raises $100 Million Dollars for Luxury Plug-in Vehicles
Fisker has been occupied rounding up investors for its luxury plug-in vehicles, to the tune of $100 million dollars! The enormous sum stemmed from private investors interested in pushing the new technology into the mainstream. The fat funding will also assist in ironing out the issues with the Fisker Karma as they prep the next version. Nothing says confidence like a cool $100 million investment While $100 million sounds like a lot of cash, it is just the latest addition to a $1.2 billion dollar stockpile raised thus far in the game. For its endeavors, investors will be receiving a … Continue reading
1960 Ferrari California Price Drops Jaws at Pebble Beach
There is no place like Pebble Beach, California during the annual auto show! It seems no price is too high to pay for a rare exotic car this year, with several changing hands in jaw-dropping deals. Case in point: A 1960 Ferrari California just sold for a record $11,275,000 USD! Ferrari 250 California Spider Competizione It was a Ferrari 250 California Spider Competizione, an extremely rare breed of racecar that may have overshadowed the debut of the 2013 Ferrari F12 Berlinetta! The 250 California is one of just 9 alloy-bodied Prancing Horses in existence, created for competition and standing the test … Continue reading
Mercedes-Benz Wins Best of Show at Pebble Beach
The star of Pebble Beach 2012 was Mercedes Benz, rolling home with the coveted Best of Show award thanks to a very special 1928 Saoutchik S Type. This car was created by French coachbuilder Jacques Saoutchik, featuring a low windscreen and torpedo like body…the first lowrider?

The historic Mercedes S Type proved to be a showstopper and stealer
One-off Aston Martin DB7 Hits Auction Block
Attention Aston Martin collectors and 007 wannabees: a very special one-off Aston DB7 is hitting the auction block at Historics Brooklands on September 1st! Owned by Saudi royalty, the 1998 DB7 is not only completely customized, but could be the most powerful example available. Most Aston Martin cars are quite uniform, this one is said to be unique, with several nods to luxury racing.

Brooklands people describe this car as “unlike any other DB7”
Rare Collection of Maseratis Invade Goodwood Revival Sale!
Bonhams has announced the upcoming sale of a special collection of Maserati cars for the Goodwood Revival Sale. There are four cars in total, of which some have not seen the market in maybe 6 decades! The collection currently belongs to the Hartley family and is expected to fetch a handsome price during the September 15th auto auction.

Rare cars fetch a high price at auction
VW Pedals Down On Porsche Deal
Volkswagen has finally finalized the purchase of Porsche, following a 7-year itch full of twists and turns (lucky number 7?). VW AG is now officially the proud parent of Porsche auto brand, a privilege that set them back to the tune of $5.52 billion bucks. Think of it as a large scale auto adoption process, including Audi and Ducati.

VW shelled out billions to the Porsche SE holding company for a stake in Porsche AG and full ownership of the brand
Posted in Economy & Market, Exotic Automobiles, Porsche
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BMW Takes Direct Approach Online
In an unusual move, BMW is offering online discounts for those wishing to purchase the new ‘i’ sub-brand vehicles. This is a unique and bold move in the luxury auto industry, which typically leaves these endeavors to the dealerships.

A direct online sales platform for BMW’s new I sub-brand
Raging Bull Churns out 1000 Aventador Supercars in 15 Months
With people around the globe clamoring for delivery of their Lamborghini Aventador LP700-4 supercars, the company has been putting the pedal to the metal in order to fill orders, building 1,000 units over the past 15 months. To put this feat into proper perspective, it took them nearly 3 years to reach that milestone with the Murcielago.

The Aventador model reached the 1,000-unit milestone in just 15 months of production
