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Video: Chip Foose talks about, renders his first VW Golf

In order to promote the launch of the Golf R in the US, Volkswagen has created a series of videos featuring fans of the iconic Euro hatch for a new iPad app. Here Chip Foose, founder of Foose Design and presenter of hit TV show, Overhaulin', tells the story of his first VW Golf, a 1985 GTI. But the highlight of the video is watching Foose produce a marker rendering of the MkII GTI in his own distinct style, usually associated with the hotrod scene.

Aston Martin IS up for sale. But you knew that.

The Kuwait Investment Dar – Aston Martin’s biggest shareholder – is seeking a buyer for its 64 per cent share of Aston Martin. Just over a year ago, we reported that Aston Martin was up for sale, even though AML were emphatic the company was doing well and not seeking a new owner. But now it seems a year or more of trying to find a buyer on the quiet has failed, so Aston Martin’s biggest shareholder - the Kuwait Investment Dar with 64 per cent – has instructed Rothschild to advise on the sale, according to Bloomberg.

Ford cuts 2010 prices by up to 15%

Ford has cut prices of its big cars by up to 15% By Tim Pollard Motor Industry 26 March 2010 12:00 Ford today announced sweeping price cuts across its large car range – lopping up to 15% off the price of models such as the Mondeo, S-Max and Galaxy. The news comes after Ford raised price four times in the past year.The Blue Oval has drawn criticism in the past for artificially high list prices, which have penalised business buyers. In the UK, company car tax is calculated by the P11D price which is based on the list price, not the transaction price, and 70% of large Fords are bought by fleets.Private buyers have historically scored large discounts on big Fords, as did corporate buyers – making many question the need for higher list prices.