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UPDATED: Aston Martin sold
Mon, 12 Mar 2007By 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.
Muscle-car icons immortalized in new postal-stamp set
Mon, 25 Feb 2013Perhaps sensing that it's at risk of going the way of the carbureted big-block and leaded gasoline, the United States Postal Service is apparently willing to try anything to boost its bottom line. Though we're sure its recently announced line of postal worker-inspired apparel will be a runaway (and runway) success, we're glad to see the USPS reaching out to the automotive-enthusiast community with a new set of limited-edition stamps that commemorate the American muscle car. We told you about the stamps earlier this year, but we can now confirm the lineup.
IDSA's 3D-printed car design contest gets underway
Thu, 25 Jul 2013Aspiring designers have the chance to see their 3D-printed car designs launched down a miniature model of a ski jump and crash in the Launch Day 2013 competition due to take place at the 2013 IDSA conference, which runs from 21-24 August. Up to five designs can be entered for free until 12 August in the competition, organized by The Industrial Designers Society of America. All submissions will then be judged for both aesthetics and for "using unique attributes of 3D printing" which will whittle them down to just 10 designs that will be printed before the launch.