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Who's Where: Wolfgang Egger to head Audi Group Design

Following fast on the heels of the appointment of Walter de'Silva as Volkswagen Group Head of Design earlier this month, is the appointment of Wolfgang Egger to head of Audi Group Design. Egger will begin his new position effective from 1 May, 2007. Stefan Sielaff remains head of the Audi brand design department.

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.

Volvo revamps S60, V60 and XC60 for 2013

Volvo has taken a scalpel to six of the eight models, reworking the styling and upgraded their on-board infotainment. Despite only being on sale since summer 2010, the S60, V60 and XC60 have been stripped of their quad-light styling. There are also more subtle changes for the V70, XC70 and S80 models.