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Ford agrees to sell Aston Martin

Ford Motor Company announced this week it has entered into a definitive agreement to sell Aston Martin, its prestigious UK sports car business. The new owner of Aston Martin is a consortium comprised of: David Richards, founder and chairman of Prodrive, a world-leading motorsport and automotive technology company; John Sinders, an avid Aston Martin collector and a backer of Aston Martin Racing; and Investment Dar and Adeem Investment Co, international investment companies headquartered in Kuwait. The sale is expected to close during the second quarter and the transaction values Aston Martin at GBP 479 million ($925 million). As part of the transaction, Ford will retain a GBP 40 million ($77 million) investment in Aston Martin.

'80s dream-car bargains: The AutoWeek list

'84-'89 C4 Corvette High: $44,000 Low: $2,500 Average: $10,018 Our take: Arguably the best buy on this list '85-'89 Volkswagen GTI High: $5,995 Low: $4,100 Average: $4,865 Our take: The iconic pocket rocket '85-'89 Ford Mustang 5.0 High: $48,995 Low: $1,900 Average: $7,924 Our take: Pony car + V8 = tons of fun '87-'89 Pontiac Firebird Formula High: $22,900 Low: $4,000 Average: $10,293 Our take: One day, you might be able to show it at an Orphan Car Show '84-'87 Buick Grand National High: $31,700 Low: $9,000 Average: $17,442 Our take: If you can find a clean one for less than $20,000, buy it '81-'82 DeLorean DMC-12 High: $26,900 Low: $15,998 Average: $22,572 Our take: Only on the market for a couple years; might always be a collectible '81-'89 Lotus Esprit High: $41,998 Low: $16,495 Average: $23,535 Our take: One of the fastest cars in its day '88-'89 BMW M3 High: $65,000 Low: $14,500 Average: $24,417 Our take: A lot of thrills for the money '83-'85 Ferrari 308 GTS High: $44,950 Low: $32,900 Average: $37,878 Our take: A Ferrari for less than 40 grand? Believe it '81-'89 Porsche 911 Turbo High: $78,500 Low: $24,900 Average: $40,669 Our take: Be careful, these monsters are a handful!

Is the V8 a dying breed? Auto engineers expect more turbos, smaller engines

The V8 engine, a symbol of power and prestige for more than a century, is looking more and more like an endangered species. A panel of powertrain experts speaking on Tuesday at the 2009 SAE World Congress painted a bleak picture for big engines in this era of tightening emission standards and volatile fuel prices. But smaller engines will not mean drivers have to give up performance.