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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.

Two cars dropped from Barrett-Jackson lineup at Scottsdale

The roster of cars at the Barrett-Jackson auction in Scottsdale, Ariz., next week has been cut by two. Barrett-Jackson has dropped a 1971 Plymouth Hemi 'Cuda recreation because the vehicle identification number on the car did not match the VIN on the title. A little legwork found that the car had been reported stolen in 1976.

Ford technology could recognise your face

Does your car know who’s driving it? It may do in the future – as Ford is working on technology that can recognise your face. The carmaker has teamed up with technology experts Intel to use sensors inside the car that can identify individual people, and adapt settings to that driver’s preferences.