Southco Left Hand Latch (m2) on 2040-parts.com

Saab: GM decides Vladimir Antonov is a good guy after all

Vladimir Antonov - Not a 'Red under the Bed' after all. Some detected the odour of McCarthyism when GM told Spyker there could be no deal on Saab unless it showed major backer Vladimir Antonov the door. Which seemed a bit harsh; after all, there seemed no evidence to support accusations of links to organised crime by Vladimir or Convers Bank.

Ford warms up new era of car-guy leaders

A minor temblor shook Dearborn, Mich., today with the announcement that Mark Fields, president of the Americas, climbed the golden corporate ladder to grab the chief operating officer ring, setting him up to succeed Alan Mulally in a couple of years. The move did not come as a shock-it only confirmed the whispers of auto industry Royal Watchers. The biggest news for those who care about cars, however, is two-fold: Jim Farley, Ford's global marketing boss, also takes the helm of Lincoln.

Ford agrees to sell Aston Martin

Ford 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.