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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.

First Sight: Renault Clio

The Clio is perhaps the most successful and certainly the longest standing model of the Renault range and this is the new third-generation version of this European market small B-sector hatchback. When the first generation Clio replaced the Renault 5 in 1990 it was the smallest car in the Renault line up, now the Clio is one of a small range of similarly-sized Renault models all based off the same platform shared with the Nissan Micra/March and Cube.   Specification The Clio will be launched first as a three-door with the five-door to follow, and will be available with a choice of petrol 1.2-litre (75hp), 1.4-litre (98hp) and 1.6-litre (113hp), and a 1.5-litre dCi diesel engine in a choice of three power outputs: 70hp, 86hp and 106hp.

BMW Concept5 X5 eDrive revealed. It’s a plug-in Hybrid X5

The BMW Concept5 X5 eDrive (pictured) will debut at Frankfurt The arrival of the BMW Concept X5 eDrive ahead of its debut at Frankfurt next month doesn’t preview and immediate addition to the X5 range of a plug-in hybrid, but it does show what will be on offer in a year or two. Just like yesterday’s Mercedes S500 plug-in hybrid, the X5 eDrive is another example of how car makers have developed their way round CO2 taxation levels by throwing electric motors at ICE engines to create a car that offers impressive emissions and economy on official tests. In the case of the X5 eDrive that means a four-cylinder twin power ICE engine (BMW aren’t saying, but we’re assuming its a petrol engine), a 94bhp electric motor and a lithium-ion battery under the boot all working together to produce an X5 that is capable (at least in official tests, which is all that matters) of 74.3mpg and emissions under 90g/km.