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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.

2012 BMW 6-series to get xDrive power

Do convertibles and all-wheel drive go together like oil and water, or peas and carrots? BMW seems to think the latter, with the addition of the company's xDrive system to the 2012 BMW 650i. BMW says the all-wheel-driver versions of the 6-series are faster than the rear-drive cars.

Volvo’s KERS system improves performance and cuts fuel use.

The Volvo S60 with KERS Flywheel (pictured) boosts economy and performance As car makers continue to get bashed by more and more stringent CO2 targets from governments around the world, cleverer solutions are called for to squeeze the best performance and economy balance possible from their products. And Volvo’s new Flywheel KERS system does look promising. Volvo are currently running UK tests of a KERS flywheel system developed by Flybrid Automotive, which takes kinetic energy generated under braking and stores it in a flywheel fitted to the back axle.