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Bugatti 'will continue to produce world's fastest car'
Tue, 16 Aug 2011Bugatti will continue to produce the world's fastest cars - and that's a promise by the new chief executive of Bugatti. Wolfgang Durheimer, who took over as combined boss of Bugatti and Bentley in spring 2011, told CAR that being the fastest was a cornerstone of the modern Bugatti philosophy. 'It is vital that Bugatti produces the world's fastest car,' Durheimer said.
UK drivers disinterested in electric cars
Wed, 02 Jul 2014DRIVERS in the UK are not interested in electric cars, with only 5% stating they would think about buying one, according to new research. A further 14% of drivers say they have considered an electric car but rejected and bought a petrol, diesel or hybrid car instead. More than half (56%) of British drivers said they had not even thought about an electric car as a possible replacement for their existing vehicle.
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.