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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.

Theory test fee to fall

LEARNER drivers will have to fork out less for their theory tests - saving would-be motorists around £100 million over the next decade. The cost of a theory test is being slashed by 25% in October, taking the cost down from £31 to £25, and with a further drop of £2 lined up for October next year. Theory test fees for motorbikes and other vehicles are also set to be cut, a spokesman said.

Renault Mégane Renaultsport 250 (2009): first UK details

By Tim Pollard First Official Pictures 15 October 2009 14:00 Renault today confirmed the full spec of UK-bound hot Méganes. The new Mégane Renaultsport 250 will cost from £21,995 and – like other Renaultsport models – will be available in regular and Cup specs. For wimps or wheelmen, you could say.The 'regular' Mégane Renaultsport will cost £1000 more, adding leather trim, heated and electrically adjusted driver's seat, dual-zone climate control and automatic wipers.