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UPDATED: Aston Martin sold

By Phil McNamara Motor Industry 12 March 2007 09:38 Aston Martin is today under new owners, following the sale of Britain’s premier sports car company to an investment consortium. After 20 years of ownership, Ford divested itself of the brand, its facilities and its products, in a deal valuing Aston at £479m.   The new owner is a consortium led by David Richards, boss of automotive consultancy Prodrive, who helped to unite two private investment companies from Kuwait. Adeem Investment, which already owns the Grosvenor House Hotel in London, has a portfolio worth $1.5 bn.

Ferrari 458 Speciale revealed ahead of Frankfurt Motor Show debut

The Ferrari 458 Speciale (pictured) has been revealed ahead of a Frankfurt debut It’s always been a given that Ferrari would make a 458 in the mould of the 430 Scuderia – a more focused and more powerful version of the stock model – and here it is. The Ferrari 458 Speciale. Revealed ahead of a public debut at the Frankfurt Motor Show next month, the 458 Speciale gets modifications to its aerodynamics and its powertrain and previews the direction of future Ferraris in the process.

Porsche introduces Panamera Platinum Edition

The Porsche Panamera is already one of the top executive sedans on the road today. But in case there's any doubt, the company has added a Platinum trim to the lineup, moving the vehicle even further upscale. It will be offered for both rear- or all-wheel drive versions.