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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.

Chrysler beefs up holiday incentives

Chrysler, seeking to boost sales after a dismal October, launched a major new incentive campaign Friday. Chrysler timed the announcement so dealers could place ads in their local media outlets over the weekend and ahead of the Thanksgiving holiday period. The incentives take effect today and run through Jan.

Lotus Evora UK Prices revealed at Geneva

Lotus Evora 2+2 - UK Car Prices announced at Geneva '09 The first four (ish) seater Lotus in a generation, the Evora is powered by a 3.5 litre V6, which manages to produce 276bhp and 252ft/lbs of torque. The Toyota sourced engine manages a 0-60 of around 5 seconds, and on to a top speed of 160mph. And the Evora does a pretty decent job with emissions and economy, especially considering its performance.