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Italian firm buys stake in Aston Martin

The 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.

GM moves Nesbitt back to design group in management shake-up

General Motors has made big changes to its top management structure, splitting apart its sales and marketing activities and naming new bosses for each discipline. The goal is to reduce layers of management under Mark Reuss, GM's president for North America. Among the key changes: -- Designer Bryan Nesbitt, who was made chief of the Cadillac brand last fall, is going back to the design group.

A Night at the Movies with Alex Xydias

“I started shooting movies when I stopped racing,” said original hot rod hero Alex Xydias. “When I had enough stuff I made this.” “This” is "The Hot Rod Story," a documentary shot by the man himself from about 1962 to 1964 at the drag strips, dry lakes and cruise-ins of the day. It's a movie shot in the style of, say, a Bruce Brown surf movie or a Warren Miller ski movie.