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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.
BMW 5 Series GT (Gran Turismo) – Official
Fri, 22 May 2009BMW has brought the official release of info on the BMW 5 Series GT forward Well, we were assured that the official information on the BMW 5 Series GT wouldn’t be released until Sunday. But as is the way with the Interweb, once the world starts to get the official information through unofficial releases, car makers tend to sit up and take some notice. So BMW have decided to issue the details on the GT today.
Concept Car of the Week: Volvo Tundra (1979)
Fri, 06 Sep 2013With Volvo beginning a new chapter in its design history with the Concept Coupé, it's interesting to look back at another Volvo coupé concept from 1979 – the Tundra. At the time, the Swedish manufacturer built large and relatively pricey cars that were neither really luxurious nor real 'people cars'. The 340 series began the brand's expansion towards more affordable models and proved to be very successful worldwide.