Chevy Impala Key Fob 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.

UK car production slumps, state help sought

By Digby Fullam Motor Industry 21 November 2008 14:30 The full effect of the downturn in the global economy is being felt by the UK motor industry, new figures out today reveal. Car production at British factories fell by 29.5% from October 2007's figure.  That makes it the worst October production figures since 1991 which, if you’ll cast your mind back, was the last recession. The Society of Motor Manufacturers and Traders blamed the slump on 'a rapid reduction in demand for motor vehicles.' It’s not just us Brits that aren’t buying cars, either.

Porsche 918 Spyder (2013) final specifications and prices

Porsche told CAR it expected final 918 Spyders to produce more power and better economy than the test mules – and Stuttgart has delivered. Final specs for the V8 hybrid supercar have been released, and it's as quick as you'd hope (for £660,000...) Porsche's 918 Spyder: the vital stats: Engine: 4.6-litre V8, 600bhp @ 8600rpm, 390lb ft @ 6600rpm. Engine redline @ 9150rpmHybrid module: lithium-ion batteries, electric motors, 154bhpTotal power: 875bhpTransmission: Seven-speed dual-clutch, all-wheel drive (electric motor drives fronts, motor and engine drive rears)0-62mph: 2.8sec0-124mph: 7.9sec0-186mph: 23.0secTop speed: 211mphMPG (combined): 85.6mpgCO2: 79g/kmElectric-only driving range/top speed: 18 miles/93mphBattery charge time: four hours (25mins with optional Porsche Speed Charging Station)Weight: 1675kg (unladen), Weissach package cuts 35kg from kerbweightPrice: €781,155 (£661,000), without Weissach package / €853,155 (£720,400) with Weissach package Any other Porsche 918 Spyder news?