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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.
Ford offers dealers 20% discount on aluminum-repair tools
Mon, 27 Jan 2014NEW ORLEANS -- Ford is offering dealerships with body shops a 20 percent discount on the $30,000 to $50,000 in special equipment and training needed to repair the 2015 aluminum pickup. Dealers can get a maximum of $10,000 off if they buy the gear before Oct. 31, said Paul Massie, Ford collision marketing manager.
New Ford Fiesta – Autoblog loves it!
Fri, 26 Jun 2009Autoblog tests the Ford Fiesta and loves it But Ford are going to love the positive review which, to be honest, concurrs pretty much with our own views. It looks good, handles really well and feels a lot quicker than the headline figures suggest. But you can tell they usually drive bigger cars.