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Jaguar Land Rover in talks to buy Aston Martin

Talks have taken place between Tata – owners of Jaguar Land Rover – and the Kuwait Investment Dar – owners of Aston Martin. We reported a year ago that Aston Martin needed a big car maker behind it to have any chance of survival, and just last week the world caught up with that story as it was revealed the Kuwait Investment Dar – majority shareholder in Aston Martin – was seeking a buyer for Aston Martin. We said a year ago that Jaguar Land Rover was the best fit as a buyer for Aston Martin, but we doubted JLR would want to go back to being the poor relation to AML – as it was in the days of Ford’ ownership of the brands – where a Jag was a poor man’s Aston.

Next Mustang to feature global design input, Ford says

Ford Motor Co.'s design studios worldwide will provide styling ideas for an American icon: the next generation Mustang. "It is a common process we [now] use on every vehicle," Derrick Kuzak, Ford's group vice president for global product development, said Tuesday at the Geneva auto show. Ford's next-generation pony car will be the first Mustang with styling themes proposed by studios in Europe, Australia and other regions.

Schumacher's old F1 car sells for a bargain £195k

When can you ever call a £195,000 classic Formula One car a bargain? When it was driven by the most successful F1 driver ever, Michael Schumacher. This Benetton-Ford B191 was due to go up for auction with Coys this Saturday 10 August at the Nurburgring, but the car has now been sold ahead of going under the hammer for just £195,000.