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UPDATED: Aston Martin sold

By 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.

UK number plates under threat from EU

A proposal to introduced a standardised European number plate had been revealed. If such a scheme were to go into law it would mean the end of the UK number plate as we currently know it. On Bing: see pictures of UK number plates The best and worst car number plates in the world Inserted into a wider bill designed to make it easier to register cars in different EU countries, the standardised number plate plan is the work of a Dutch Member of the European Parliament (MEP), according to the Daily Mail.

CDN-Opel/Vauxhall enters second phase

Car Design News and Opel/Vauxhall are pleased to announce that the second phase of its collaborative competition is now underway. The second phase of the CDN-Opel/Vauxhall competition is specifically for the seven shortlisted students from the first phase. All competition members are encouraged to comment and offer advice to the shortlisted students as they strive to make the final cut.