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One Lap of the Web: Panteras, Battlebirds and Patrick Dempsey's entrepreneurial brilliance
Mon, 20 May 2013We spend a lot of time on the Internet -- pretty much whenever we're not driving, writing about or working on cars. Since there's more out there than we'd ever be able to cover, here's our daily digest of car stuff on the Web you may not otherwise have heard about. -- Sure, later versions of the De Tomaso Pantera looked a bit outrageous with their wide fenders and Countach-like spoilers.
Ford agrees to sell Aston Martin
Wed, 14 Mar 2007Ford Motor Company announced this week it has entered into a definitive agreement to sell Aston Martin, its prestigious UK sports car business. The new owner of Aston Martin is a consortium comprised of: David Richards, founder and chairman of Prodrive, a world-leading motorsport and automotive technology company; John Sinders, an avid Aston Martin collector and a backer of Aston Martin Racing; and Investment Dar and Adeem Investment Co, international investment companies headquartered in Kuwait. The sale is expected to close during the second quarter and the transaction values Aston Martin at GBP 479 million ($925 million). As part of the transaction, Ford will retain a GBP 40 million ($77 million) investment in Aston Martin.
Chevrolet is bringing CNG power to the Silverado HD
Mon, 10 Feb 2014Chevrolet is taking CNG-powered vehicles seriously, with so many of their trucks being used in commercial fleets, so it was perhaps no surprise that we'd see a version of the 2015 Silverado HD that can be run either on gasoline or compressed natural gas before long. Chevrolet brought the 2015 Silverado 2500 HD CNG to the Chicago Auto Show, to let prospective buyers as well as the media to learn about at the savings that could be realized with this environmentally friendly setup. The HD CNG truck will offer bi-fuel capability coupled with its 6.0-liter V8 engine that's been modified with hardened valves and valve seats to run on compressed natural gas.