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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.

2015 Ford Mustang will perch atop Empire State Building

Ford is celebrating the Mustang's 50th anniversary in style. In addition to the cross-country tour and sporadic events across the world, Ford will repeat what it did to introduce the Mustang convertible 50 years ago, setting it on top of the Empire State Building during the New York auto show. So, you might guess Ford would use one of those super cranes to get the car up there, but even the best portable units can only go up 50 stories or so; the observation deck at the Empire State Building is on the 86th floor.

2015 Land Rover Defender delayed – creating the absolute dog’s danglers will take longer

Recently, we reported  Land Rover’s design director Gerry McGovern saying of the 2015 Land Rover Defender  “This car will be the bollocks, I assure you. The absolute dog’s bollocks.” But it seems that creating the absolute dog’s danglers is going to take a bit longer than planned. Autocar are reporting that John Edwards – Land Rover’s Global Brand Director – has said the new Defender will not be going in to production in 2015 as planned, although Land Rover are planning to scrap the current Defender then as it will no longer meet emissions regulations.