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Ford to sell Aston Martin
Thu, 31 Aug 2006By 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.
Porsche introduces Panamera Platinum Edition
Mon, 22 Oct 2012The 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.
New Lotus Elise S Cup R track car
Thu, 07 Nov 2013Seems everyone is building non-road legal track day cars right now, and Lotus most definitely wants a piece of that action. Its latest effort is the startling bright and bewinged Elise S Cup R, pictured above. Based on the 1.8-litre supercharged Elise S road car, Lotus has done a lot more than simply lose the number plate here.