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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.

Chevrolet SS to be the name of brand's performance sedan, NASCAR entry

It's back. Big, bad and with four doors, rear-wheel-drive performance will return to the Chevrolet sedan lineup in 2013, simply called the SS. Chevrolet confirmed on Thursday that “SS” will be the name of its next sporty four-door, and it will be used by NASCAR Sprint Cup teams starting at the 2013 Daytona 500.

New Jaguar XJ – the last new Jaguar XJ tease?

Mike Cross - Jaguar's Chief Engineer Vehicle Integrity - talks about the Driving Dynamics of the New Jaguar XJ This time we get a new talking head – Mike Cross, Chief Engineer – Vehicle Integrity – so I’m pretty sure he has a fair degree of knowledge on his subject (actually, as an aside, it’s Mike who will be driving the Jaguar XKR Goodwood Special up the Hillclimb this weekend. And Mike must be important, because he gets a moody-looking pro mug shot to go with this piece!). And his subject is something that will make or break the new Jaguar XJ – Driving Dynamics.