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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.

Peugeot 308 RCZ (2007): first official pictures

By Tim Pollard First Official Pictures 31 July 2007 12:00 Peugeot's TT: the 308 RC Z If you're designing a mid-sized coupe from scratch, it's hard to ignore the head-swivelling, original Audi TT. Peugeot clearly thinks so - its Frankfurt show star, the new 308 RC Z unveiled today, looks like a Chinese facsimile of the Mk1 TT, especially viewed in profile. Maybe that's why Peugeot introduced a clumsy kink in the waistline (a la Hyundai Matrix), to disrupt the Germanic body language...

Government checks Ford sedans for gas pedals trapped by floor mats

The National Highway Traffic Safety Administration is looking into reports of accelerator pedals being trapped by floor mats in the Ford Fusion and Mercury Milan sedans. NHTSA says its probe covers about 249,000 cars from the 2010 model year. There have been three complaints about pedals being trapped by all-weather floor mats.