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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.

Infiniti to tap Nissan UK’s fleet customers to grow sales

Infiniti to leverage Nissan Corporate Sales for growth in the UK We do have a habit of taking the Michael out of Infinit’s efforts to grow car sales in the UK. We’ve often wondered if they’re working on a strategy that goes counter to logic in the hope it pays dividends. For example, the obvious route for Infiniti was a hard push on private buyers of luxury cars and positioning themselves as the ‘Sporty’ alternative to that other Japanese luxury brand, Lexus.

Wannabe racers invited to test their mettle

THE AMAZING scenes at the Bahrain Grand Prix have left an unfamiliar warm glow surrounding the pinnacle of motorsport, but at grass roots level would-be racers are being invited to show their potential. The Lets Race 2 Reality scheme, open for entries until the end of the month, will reward the best new racing driver in the country with an incredible Formula 3 race experience. The winner will receive a day’s testing in a Carlin Formula 3 car, complete with a dedicated team of mechanics, data engineer and race engineer.