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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.

Nissan 370Z convertible likely to break cover at New York auto show

The drop-top version of the Nissan 370Z likely will bow at the New York auto show. The convertible follows the coupe version, launched at the end of December. The open-air 370Z would arrive for the 2010 model year.

Porsche Museum opens 911 Identity exhibition

As the seventh-generation Porsche 911 hits the market, the Porsche Museum is honoring its brand-defining model with a new exhibition called 911 Identity. The display in the company's Stuttgart museum highlights each generation of 911, from the 1963 original through to the 2012 991, offering facts, figures and artifacts from their year of launch. As well as road going variants of the 911, motor sport versions are on show, from the 911 Carrera RS 2.7 Safari, through to the current 911 GT3R Hybrid, via the fearsome 935s of the 1970s and '80s.