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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.
Toyota shows self-steering car at safety demonstration
Fri, 22 Jul 2011We already have cars that can take control of the brakes, park for us and maintain a safe distance from the car in front of us. Soon some Toyota models will be veering themselves away from accidents, too. The new system uses cameras and a supersensitive radar called millimeter wave.
Senna to be honoured by Gran Turismo
Mon, 09 Dec 2013FORMULA 1 legend Ayrton Senna is to be honoured by PlayStation franchise phenomenon Gran Turismo to coincide with the 20th anniversary of his death. May 2014 will see the milestone marked by the inclusion of Senna and one of his cars within Gran Turismo 6, after special instruction from the game’s creator and enduring Senna fan, Kazunori Yamauchi. “There were two things that I learned from Ayrton Senna,” he said at the game’s international launch at the Ascari Race Resort in Spain.