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Ford agrees to sell Aston Martin
Wed, 14 Mar 2007Ford 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.
Motorway Service Station Fuel 'Too Pricey'
Mon, 30 Jun 2014IT WOULD appear that cash-strapped drivers have had their fill of motorway service station fuel – that’s according to a survey conducted by research company Viewsbank. Almost all (98%) of motorists canvassed reckon motorway petrol and diesel is too pricey, with 60% saying they never buy it. Based on responses from 1,030 drivers, the poll also showed that 28% always fill up before going on a motorway and 5% always leave the motorway to find cheaper fuel elsewhere.
Mazda Shinari Concept – RX-9?
Tue, 31 Aug 2010The Mazda Shinari Concept – pointing the way to the Mazda RX-9? We’ve only just had the news that the Mazda RX-8 has bitten the dust, victim of the upcoming Euro 5 emissions regulations. One less Mazda until we see the rebirth of the RX-7 and a halo model in the Mazda RX-9 in the next year or two.