2003 Ski-doo Summit 700 Adrenaline Gates G-force Belt Drive Kevlar Aramid Ws on 2040-parts.com

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.

Karmann files for insolvency

Karmann, the century-old German coachbuilder synonymous with cabrios and the famous 1950s Karmann Ghia, has filed for insolvency. The company made the move Wednesday in Germany in response to a dramatic decline in revenue, an inability to pay for its massive layoff plan and the worldwide economic crisis. The North American operations, which make convertible tops for Detroit car companies and Volkswagen, are not affected, a spokesman said.

Toyota’s Take On Personal Transport Hits The Streets

JAPANESE car maker Toyota has launched the first public trials of its ultra-compact i-Road electric three-wheeled ‘personal mobility vehicle’ to find out how it shapes up in the cut-and-thrust of real-world urban driving. Consumer testing in Tokyo is set to run through to early June, with 10 of the single-seater vehicles taking to the city streets. The 20 people involved in the programme range from industry experts through to members of the general public, so that Toyota can gain a wide range of feedback on what the i-Road is like to drive, how easy it is to use around town, how it affects people’s decisions about what journeys to make.