Toyota GM Denies Bid for Aston Martin

It’s no secret; Toyota is buddy-buddy with British luxury automaker Aston Martin. The two firms have collaborated before, perhaps most famously the iQ-based Cygnet city car, and the latest gossip indicates is the “capital T” is interested in buying Aston.

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Porsche Skips Taxes on 4.5 Billion Euro Transaction… Legally

If you’re wondering how to sell the controlling stake in a major car company for 4.5 billion euros and leave the tax collector hanging without legal worry, just ask Porsche.

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Lotus-Parent Proton Sold to Private Conglomerate DRB-Hicom

In a deal eclipsing $410 million, DRB-Hicom purchased a 43 percent stake in Proton, a Malaysian automaker better known for its ownership of the famous British sports car brand, Lotus.

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