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UPDATED: Aston Martin sold
Mon, 12 Mar 2007By Phil McNamara Motor Industry 12 March 2007 09:38 Aston Martin is today under new owners, following the sale of Britain’s premier sports car company to an investment consortium. After 20 years of ownership, Ford divested itself of the brand, its facilities and its products, in a deal valuing Aston at £479m. The new owner is a consortium led by David Richards, boss of automotive consultancy Prodrive, who helped to unite two private investment companies from Kuwait. Adeem Investment, which already owns the Grosvenor House Hotel in London, has a portfolio worth $1.5 bn.
Lamborghini Gallardo LP550-2 Valentino Balboni (2009)
Wed, 01 Jul 2009By Ben Pulman First Official Pictures 01 July 2009 10:00 Lamborghini has unveiled the limited edition Gallardo LP550-2 Valentino Balboni, a new entry-level model, and its first rear-wheel drive supercar since the Diablo. The Italian supercar company has long promised that all its cars will resolutely remain four-wheel drive, but it’s building the two-wheel drive LP550-2 (hence the name) to celebrate its legendary test driver Valentino Balboni. Just 250 will be built.
Even better value for business from Lexus with new GS 300h
Thu, 19 Sep 2013PREMIUM luxury manufacturer Lexus is adding to its GS range of mid-sized saloons by introducing the GS 300h to the range. Joining the established GS 450h in the range early next year, the GS 300h promises highly impressive CO2 emissions of 109g/km from its 2.5-litre full hybrid powertrain. That could deliver significant savings compared to its key premium market diesel and hybrid competitors, the GS 300h SE could represent an annual saving of up to £2,000 per year.