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UPDATED: Aston Martin sold

By Phil McNamara Motor Industry 12 March 2007 09:38 Aston Martin is today under new owners, following the sale of Britain’s premier sports car company to an investment consortium. After 20 years of ownership, Ford divested itself of the brand, its facilities and its products, in a deal valuing Aston at £479m.   The new owner is a consortium led by David Richards, boss of automotive consultancy Prodrive, who helped to unite two private investment companies from Kuwait. Adeem Investment, which already owns the Grosvenor House Hotel in London, has a portfolio worth $1.5 bn.

Infiniti recalls Q50 sedans over steer-by-wire system

Infiniti is recalling a number of its new 2014 Q50 sedans over a fault in its steer-by-wire system. The recall concerns Q50 sedans equipped with Direct Adaptive Steering that have received a software version which may disable the power steering software when the engine compartment reaches freezing temperatures. There's a mechanical backup system to prevent steering failure that kicks in via a clutch if the Direct Adaptive Steering were to fail, but the NHTSA notes that this backup may not engage in time if the Direct Adaptive Steering fails, increasing the chance of a crash.

Fiat-Chrysler: A match made for enthusiasts

The Fiat-Chrysler marriage means big love for auto enthusiasts in the United States. Here's a quick rundown on some of the Fiat hardware we got a chance to sample during a recent visit to the company's headquarters and test track in Italy. Fiat 500: With styling that makes it look like the spawn of a Volkswagen Beetle and a BMW Mini Cooper, the 500 does an Italian job on both competitors: It's cuter than a Beetle, and likely less expensive than a comparable Mini.