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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.

Ford Fiesta is Used Car of the Year

CAP, the used car information experts, have declared the Ford Fiesta as their used car of the year 2012. Do you want a shopping car or a maybe car for use just in the urban jungle? Do you want a car to use every day to commute or do you want a plaything for the weekend?

2014 China Design Schools League Report

As well as recognizing the best student automotive design talent, Car Design Awards China also acknowledges the school whose students have had the most success in the competition. For the first time in the competition's five-year history, an award for Most Successful School was given, with the China Central Academy of Fine Art taking the inaugural win. The new category recognizes the institution that has entered the most prize winners and finalists into this year's competition, celebrating its excellence at nurturing the talent that is the life blood of the automotive industry.