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Skoda Octavia (2013): first official pictures
Tue, 11 Dec 2012This is the new 2013 Skoda Octavia. For its third generation, the Octavia gets its cleanest, most efficient engines yet and the full gamut of tech upgrades available on the new Mk7 Golf - all wrapped up in a more sober, Czech-style package. The new Octavia is also lighter than the old car and, with the arrival of the mid-sized Rapid, has grown from family hatch proportions to fight the Ford Mondeo and Vauxhall Insignia.
Chrysler recalls Jeep Grand Cherokee, Commander
Mon, 13 May 2013Chrysler is recalling more than 295,000 Jeep Grand Cherokee and Commander SUVs in the United States for an electrical problem that could cause the vehicles to shift into neutral unintentionally. Chrysler has received 26 reports of crashes and two injuries related to the problem. The Jeep Grand Cherokees are from model years 2005-2010 while the Commanders were from years 2006-2010.
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.