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Interior Motives China Conference 2013 – Day One

This year's Interior Motives China Conference got off to a great start yesterday in its new home at the Hilton Hongqiao in Shanghai. The theme of this year's event is 'Technology and Tradition; Old meets new in modern-day China.' Interior Motives is the print magazine from Car Design News, which focuses on the design development of vehicle interiors. The sixth running of the annual conference has seen a large shift in the Chinese market since the first.

Subaru Impreza Diesel delayed for UK

Update 2/9/09: Finally, Subaru has announced that the Subaru Impreza Diesel will be coming to the UK, starting at £20,000 OTD for the 2.0D RC. It does get difficult when markets go mad, and currencies fall out of the normal range of values, for none more than the big car manufacturers whose products are sold around the world. The Japanese are really struggling with this at the moment, as the Yen has remained strong in relation to many western currencies, in particular the Pound.

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.