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New Ford Edge Concept previews larger Ford SUV for Europe: Los Angeles Auto Show

New Ford Edge Concept previews larger Ford SUV for Europe Ford, just like all mainstream car makers, knows that the SUV and Crossover are fast becoming the transport of choice for families. So Ford has a plan to cover all the SUV bases with a range of new products that will sell in all Ford’s global markets. That includes the new Ford Kuga, the Fiesta-based Ford EcoSport and now this new Ford Edge which, although billed as a concept at the LA Auto Show, is very close to the new production Ford Edge that will be heading for sale in the UK and Europe late in 2014.

The King and his court at Amelia Island

NASCAR legend Richard Petty was joined by celebrated racers Carroll Shelby and Don Garlits on Saturday at a seminar at the Amelia Island Concours d'Elegance in Amelia Island, Fla. Shelby was filling in for Sir Stiling Moss OBE, who was injured a week ago after falling into an elevator shaft at his home. The three racers regaled a packed house with stories from their careers.

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.