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UPDATED: Aston Martin sold

By 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.

Video: First glimpse of Porsche's new 911

These are the first images of the new 2012 Porsche 911, set to make its official debut at the forthcoming Frankfurt motor show. The evolutionary design, built atop a chassis that rides on a longer wheelbase, will feature a steeper rake on the windshield and stand shorter than the outgoing 997, while retaining similar overall dimensions. According to an insider, the new 2012 911 will also feature a heavily revised interior, similar to that of the recent Cayenne and Panamera models.

Jaguar C-X16 concept (2011) the first official sketch of Jag's F-type

This is Jaguar’s new sub-XK sports car. As we revealed back in 2009, Jaguar is working on an all-new small sports car, nicknamed the XE, to compete with Porsche’s best – and this is it. This official design sketch teases the concept car (dubbed C-X16, the hybrid supercar concept is C-X75) that will appear at the 2011 Frankfurt motor show in September.