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Dodge Hornet is go

By Tim Pollard Motor Industry 04 July 2007 12:30 The newly independent Chrysler Group has saved its deal with Chinese maker Chery - which means that the Dodge Hornet is a step closer to production. Dodge needs a partner with which to develop new smaller cars, like the Hornet, as it's too cash-strapped to fund them solo. The deal signed last night means that the two car makers will 'work together to develop, manufacture and distribute Chery-made small and sub-compact cars in North America, Europe and other major automotive markets under the Chrsyler Group brands.' No mention was made of the Hornet, but Chyrsler’s international director for sales and marketing, has previously told CAR Online that the firm would produce the butch supermini.

What the Future Holds, Nobody Knows

It's a testament to the talent, charisma and relative celebrity of Ian Callum, Derek Jenkins and Franz von Holzhausen - heads of Jaguar, Mazda and Tesla design, respectively - that they managed to captivate a crowd of industry insiders at the tail end of the Los Angeles Auto Show's second press-preview day. This despite being given a nebulous topic to discuss with a moderator who knew little about the subject. Dan Lyons, a technology columnist at Newsweek, oversaw the panel discussion that was to focus on "Tomorrow's Cars...Practical Transportation or Groundbreaking Design?" He asked only one question on that topic before digressing into a more general discourse on the design strategies of Jaguar, Mazda and Tesla.

Ford to sell Aston Martin

By 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.