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Alfa Romeo MiTo Live launches

Alfa Romeo has launched a limited edition MiTo – the MiTo Live – with a Pioneer App radio and Marmalade ‘Black Box’ Insurance aimed at new drivers. So on the engine front the MiTo Live gets Alfa’s 875cc two-cylinder turbo – a crackingly good little engine – which delivers up a modest, but fun, 85bhp with emissions of 98g/km and the promise of 67.3mpg if you drive like a saint. And if you do drive like a saint, there’s a cost saving beyond great fuel economy.

Vette plant to build high-performance engines

General Motors is moving its Performance Build Center, which let enthusiasts pay $5,000-plus to build the high-performance engine for their Chevrolet Corvette, from Michigan to the Corvette assembly plant in Bowling Green, Ky. The move is expected to be completed by spring 2014. It will let a Corvette buyer build his own engine, with help from a GM technician, and then see it installed in his car as it goes down the Bowling Green assembly line.

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.