Ford Sells Aston Martin

The Ford Motor Co. earlier sold the Aston Martin, its British luxury sports car unit, to a group of private investors. Sources familiar to the deal said the consideration is about $925 million.

People familiar to the deal said the purchaser is led by David Richards, an auto racing entrepreneur and also the founder of Prodrive Ltd. The latter also runs the Aston Martin racing program. The sources added that Richards will be supported by Kuwait’s Investment Dar Co. Read more

Ford Could Probably Sell Aston Martin This Week

The Ford Motor Co. is in exclusive talks with Prodrive, a motorsport and automotive company, over the possible sale of the U.S. carmaker’s Aston Martin luxury car unit.

It was earlier reported that Prodrive had trouble financing a bid but the automaker had chosen the company because it had offered a higher price than other interested purchasers. According to reports, more than 450 million pounds would be given to Ford as consideration of the Aston Martin. Read more

Mercedes-Benz to unveil its Vision C 220 BLUETEC at the Geneva Motor Show

For the Geneva Motors Show, Mercedes-Benz–a German brand name of automobiles, trucks, coaches, buses and quality Mercedes auto parts like Mercedes ball joints — has lined up a treat for car enthusiasts. And to start with it will present its highly environmentally compatible BLUETEC emission control technology which is combined with a four-cylinder engine that provides an amazing amount of fuel economy that will surely be a first in the industry. The Vision C 220 BLUETEC is also designed in compliance with the even made stricter EURO 6 emission standard which is going to be implemented to all new vehicles in Europe from 2015. Read more

Automotive Advice For Women by Women

Automotive Advice For Women is ran by Askpatty.com website. The company is based in USA and especially dedicated for women consumers who want to get advice on car purchases, maintenance and other automotive related topics. Ask Patty trained and certified dealers are held to a high level of customer satisfaction for women consumers. Read more

Ford’s Engines Belong to the ‘World’s Best’

Ford Motor Co. is retaining its good impression regarding its sophisticated engines. Lately, Ford’s all-new 3.5-liter Duratec 35 V-6 engine was named by Ward’s Auto World as one of Ward’s 10 Best Engines. Additionally, for the third time now, the automaker’s 4.6-liter, 3-valve V-8 also emerged as one of the best engines in the automotive realm. Read more

Nissan, To Unveil Innovative Fuel-cell Technology in 2010

Nissan Motor Co. earlier announced that early next decade it will be introducing fuel-cell technology for the vehicles in Japan and North America. This new venture by the automaker is part of its midterm environmental strategy dubbed as Nissan Green Program 2010. Read more

China, to Stimulate Volvo’s Growth

Volvo Cars is trying to establish greater global sales. To give the needed boost, Volvo is concentrating on China auto market. The automaker expects that the latter can give Volvo a significant lift to yield growth in global car market. Read more

Car Of The Year: Toyota Camry

Not much of a surprise for me and perhaps for dozens of other car and vehicle aficionados. Sure, the Toyota Motor Corporation’s Toyota Camry has once again been recognized to be quite a remarkable car. This time, the recognition comes from the Motor Trend magazine and it gave the Toyota Camry the Car of the Year award for 2007. Read more