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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.

35,000 Toyotas recalled over safety concerns

A total of 35,124 Toyotas in the UK are being recalled following safety concerns over the airbag modules, seat rails and steering columns. Toyota Airbag could fail to go off Some 24,785 UK-registered Toyota RAV4 and Hilux models are being recalled following a possible issue with the spiral cable assembly in the airbag module. Due to the position of a retainer in the system, Toyota admits “there may be a risk when the steering wheel is turned of damage to certain circuits that provide connectivity to the airbag.” This would prevent the airbag from working in a crash, and would illuminate a warning light on the dashboard.

Maybach Exelero for sale – ish

A Swiss Company is offering replica Maybach Exeleros We’re not huge fans of the Maybach here at Cars UK, as you’ll know if you’ve been here before. It’s just so ill-conceived it beggars belief that a company as savvy and successful as Mercedes can’t see it. Mind you, we’re convinced they’ve just about given up on Maybach – even though they deny it – and the 100 Maybach Coupes being built by Xenatec are a swansong to the marque, which we’re convinced will go the same way it did in its previous life by simply stopping production.