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Bertone BAT 11

By Guy Bird Motor Shows 10 March 2008 11:43 What’s new on Bertone’s Geneva Motor Show stand? Italian coachbuilder Bertone might be in deep financial trouble – it didn’t have a stand at the Geneva show – but its styling division, Stile Bertone, revealed an incredible one-off car on the night of the first press day instead at Auto Design Night, a special event for car designers held at city centre night club La SIP. The stunningly streamlined BAT 11 doesn’t take its odd name from the bat-like rear wings, but because BAT stands for ‘Berlinetta Aerodinamica Tecnica’ in Italian, the ‘11’ indicating that it is the fourth in a series of one-off Bertone designs for Alfa Romeo following on from the BAT 5, 7 and 9 from the mid-1950s.

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.

Hyundai Scrappage – amazing trade-ins

Jaguar XJS - traded for a Hyundai i10 under the Scrappage scheme But it does seem to be producing good results for Hyundai, with their Hyundai i10 flying out of showrooms. Which is no real surprise. The £2,000 Scrappage allowance is a big chunk of such a cheap car, and is probably achievable for a high number of owners of ‘Clunkers’.