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Ford to sell Aston Martin
Thu, 31 Aug 2006By Georg Kacher Motor Industry 31 August 2006 02:39 The world’s two biggest luxury goods firms – including the conglomerate behind brands like Moet and Louis Vuitton – are locked in a battle to buy Aston Martin from cash-starved Ford. Ford announced today that the British sports car manufacturer would be sold and CAR has learned that Swiss-based Richemont and the French holding company LVMH have emerged as most likely to take on Aston despite having no previous experience in the car industry. Ford desperately needs to tap into the potential $700m-$1bn the sale of Aston could generate and hopes to finalise a deal by the end of the year.
Future products: Toyota lineup gets an 18-month makeover
Tue, 28 Sep 2010Toyota plans to move into new product segments over the next 18 months, as well as redesign several mainstream models. By the spring of 2012, Toyota will launch all-new versions of the Camry, Yaris, Tacoma and RAV4. Also, the new FT-86 sport coupe, developed with Subaru, should arrive on these shores by that time.
Honda plans rapid-fire launch of 2012 Civics
Tue, 18 Jan 2011Honda will take a hurry-up approach when launching its delayed Civic family in April. Unlike past Civic rollouts--which spread the debuts of model types and variations over months and even years--Honda will launch every variety of the 2012 Civic within weeks of each other, said John Mendel, executive vice president of sales for American Honda. The family includes a sedan and coupe, multiple engines, lithium ion hybrid and natural gas versions, and a Civic Si edition.