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UPDATED: Aston Martin sold
Mon, 12 Mar 2007By Phil McNamara Motor Industry 12 March 2007 09:38 Aston Martin is today under new owners, following the sale of Britain’s premier sports car company to an investment consortium. After 20 years of ownership, Ford divested itself of the brand, its facilities and its products, in a deal valuing Aston at £479m. The new owner is a consortium led by David Richards, boss of automotive consultancy Prodrive, who helped to unite two private investment companies from Kuwait. Adeem Investment, which already owns the Grosvenor House Hotel in London, has a portfolio worth $1.5 bn.
Citroen Tubik concept
Sat, 03 Sep 2011Citroen has revealed the Tubik, a large upright MPV concept which draws on the French automaker's previous Tub van from the late 1930s. The surface language of the MPV - the car doubles as both a commercial van and a people carrier - is decidedly more technical than previous Citroen concepts, but it still sports a resolutely rounded aesthetic. Its front face draws heavily on the 1948 Type H van, which was built up through to the 1980s.
Lexus IS (2013) first official pictures
Thu, 10 Jan 2013These are the first official pictures of the all-new 2013 Lexus IS. Challenging the likes of the BMW 3-series, Mercedes C-class and Audi A4, the new IS has gone under the knife and the new iteration has a more athletic and vigorous-looking design, judging by these photos. Sporting an updated, pleasingly chiselled front end, the new IS takes inspiration from the LF-CC concept shown at 2012’s Paris motor show. The new IS features the new 'spindle' front grille which adorns all new Lexus models, decorated with a new headlamp cluster design and the trademark L-shaped daytime running lights set independently below.