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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.

Las Vegas Motorcycle Auctions show strong results, easy access

Results are in for Bonhams fourth annual Las Vegas motorcycle auction, and the ancient British firm sold a whopping $3.3 million worth of motorcycles at its Thursday night event at Bally's on The Strip, with some fairly high-dollar bikes setting records. One of the Ducatis from the Silverman Museum Racing Collection lead the field, as it no doubt had on the track back in its day -- with a record $175,500 hammer price after what Bonhams called “spirited bidding.” The 1978 Ducati 900 NCR was in great shape after its spirited competition life. Next-highest seller was a 1940 Harley-Davidson EL from the Pierce Family Museum Collection that sold for $159,000.

A super Cooper: We never tire of tires

Cooper Tires is the fourth-largest tire manufacturer in North America, with just more than 13 percent of the replacement-tire market in the United States. But nobody goes around chanting, "We're No. 4!" So Cooper is working on a bigger market share.