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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.

Which cars Britain really bought in 2013: winners and losers

The UK car registration figures for 2013 are now out – and sales have reached their highest figure since 2007. But what’s hot, and what’s not? Some types of car are selling better than ever, while others have nosedived.

Volvo’s ‘Drive Me’ is the world’s first large-scale autonomous driving pilot project

Yes, you’ll be able to chat on the phone when the Volvo does the driving for you Like it or not, we’re rapidly moving to the point where autonomous cars will be the norm, with the driver only being involved in the act of driving by choice. Volvo – unsurprisingly with their stated goal of making sure no one dies in a Volvo in future – is at the forefront of the move to autonomous driving, and have teamed up with the Swedish Transportation Administration, the Swedish Transport Agency, Lindholmen Science Park and the City of Gothenburg in a project called ‘Drive Me - Self-driving cars for sustainable mobility’. The project kicks off next year with customer research and the development of the necessary technology and Volvo aims to have 100 autonomous cars on the roads of Gothenburg by 2017, where they’ll be driving round approximately 50 kms of selected roads, including commuter roads, motorways and regular queues.