Arp Main Stud Mazda Miata on 2040-parts.com

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.

Kia Picanto

Kia is set to unveil its next generation Picanto city car at the Geneva motor show in March in the next step of its continual range overhaul. As these first images show, the diminutive A-segment hatchback has been totally redesigned to give it what Kia describes as a 'bolder, more mature and more self-confident look'. While the outgoing model's high H-point (and corresponding proportions) remain, its DRG has been brought further in-line with the rest of the Kia range, with Venga-referencing headlamp graphics, a 'tiger-nose' grille and a surprisingly dominant trio of faux air intakes.

Toyota sets Nurburgring record... for fuel economy

WHATEVER else you might say about Toyota, it seems the brand has a sense of humour. Driving enthusiasts will hand their (petrol)heads in shame after Toyota completed the 12.9-mile German track at an average of 698mpg. The embarrassingly pedestrian time of 20 minutes and 59 seconds was set by motor journalist and Japanese car expert Joe Clifford, and since Toyota is the first to shame itself with a fuel economy run at the heart of performance car testing, it automatically sets a new efficiency record.