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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.

Mitsubishi i-MiEV UK price and specs revealed

The Mitsubishi i-MiEV goes on sale in the UK in January 2011 As part of Mitsubishi’s wish to be thought of as the maker of eco-cars and the saviour of fluffy-bunnies and polar bear cubs, they’ve been pushing forward with their urban milk-float – the Mitsubishi i-MiEV – for all they’re worth. They launched the i-MiEV last year in Japan and have been softening up the public with bits of info this year such as the mad assertion that four policemen and all their kit would fit in an i-MiEV. So we all know the little electric Mitsubishi is coming, and in Japan – with a thumping big Government subsidy – it costs £20,000.

Jaguar C-X16 concept scoops 'Design Concept of the Year' award

The Jaguar C-X16 concept car has won Design Concept Car of the Year at the 2012 Scottish Car of the Year Awards. The two-seater concept – which acted as a teaser for the recently revealed production F-Type model – was first seen last year at the Frankfurt motor show and was designed to indicate Jaguar's future design direction. Collecting the award was Ian Callum, Jaguar's Director of Design, who said, "With the C-X16 concept, we set out to move Jaguar's award-winning design language on to the next generation, creating a car that is the very essence of future Jaguar performance." John Murdoch, association president, declared: "Many of these show stunners don't see the light of day but they are valuable for gauging public reaction to new ideas.