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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.

2015 Corvette Stingray Z06 will debut at Detroit auto show

Happy with your 2014 Corvette Stingray? Well, good for you -- and enjoy the buzz while it lasts. True to Vette tradition, the release of one model means that a bigger, badder version is just around the corner.

Miko's high performance material with an ecological edge

Italian company Miko specializes in the development and production of Dinamica, a high quality ecological microfiber that can be used for anything from car door panels or upholstery to fashion accessories. The faux suede material is produced from a combination of recycled polyester and polyurethane fibers, and is also 100 percent recyclable at the end of its lifecycle. Lorenzo Terraneo, CEO of Miko, says: "Our priority has always been to invest in the research and development of recycled and eco-compatible materials with special characteristics that go far beyond existing qualitative standards." It is a testament to Terraneo's commitment that his company achieved its early aspirations and eco credentials long before concern for the environment and the reduction of carbon emissions was high on the political agenda or prevalent in the public conscience.