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Scion considers moving upscale

Toyota's struggling Scion brand may move upscale to challenge entry-level luxury models coming from European automakers. The new lower-luxury niche includes Mini, the front-wheel-drive Mercedes-Benz CLA arriving this fall and Audi's compact A3 sedan shown last week on the eve of the New York auto show. Scion has gone after young entry-level buyers since its inception 10 years ago but has lost its early momentum.

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.

Ford Transit XXL (2007): first official pictures

By Tim Pollard First Official Pictures 04 January 2007 10:59 Ford Transit XXL: the lowdown White van man has a new toy, and it's a big one: Ford's Transit XXL. Stretching the tape measure to 7.4m long, it's as long as two regular Transit Tourneo models and has limo-style legroom for seven builders. There are a few more creature comforts than in most Transits, too: captain's armchairs with individual DVD screens and games consoles, and leather trim throughout.