The rumors that Aston Martin has been sold to LVMH, the $14 billion luxury goods conglomerate are “absolute rubbish,” according to an LVMH spokesman. “There is no truth in this story whatsoever,” he added.
Sources involved in the bidding process confirmed those statements, saying the report by German auto magazine Autobild, which claimed LVMH won the […]

Before rushing out to buy a new Louis Vuitton Aston Martin — based on the report that LVMH Moet Hennessy Louis Vuitton SA has won the bidding for the brand — you may want to wait.
While it does look like the Aston Martin is pending, the buyer is not LVMH, according to Motor Trend, citing […]

Yesterday we reported that bidding for Aston Martin had closed. According to German magazine Autobild, the winner the French luxury-goods company LVMH Moet Hennessy Louis Vuitton SA. LVMH was one of the first names dropped when Ford announced that it was putting Aston Martin up for sale. LVMH’s bid for Aston beat out a list […]

The bidding process for the future of Aston Martin ended yesterday, when submission of final offers for one of the auto industry’s most prestigious brands closed. Aston Martin is expected to cost the winning bidder somewhere in the range of $1 billion U.S.
The sale of Aston Martin turned into a race, which initially attracted over […]

Top Gear is back! Now that Richard Hammond is back to full health and the footage of Hammond’s jet car crash has been broadcast and is behind us, Clarkson, Hammond and May can get back to doing what they do — thrashing cars.
In last weekend’s show, Clarkson pits Ford’s PAG cousins against each other, on […]

Ford’s CFO Don Leclair has announced that the automaker expects its struggling Premier Automotive Group (PAG) to turn a profit this year. Ford’s PAG consists of the Volvo, Jaguar, Land Rover, and Aston Martin brands.
Ford’s PAG lost $327 million in 2006 and $1.15 billion over the past three years. While the other brands have also […]

In this classic Top Gear challenge from 2004, Jeremy Clarkson races James May and Richard Hammond to Monte Carlo. Clarkson is at the wheel of the Aston Martin DB9, while May and Hammond can take anything but a car, like buses and trains.
Does Clarkson and the car win or will it be May, Hammond and […]

In another segment from U.K.’s Fifth Gear, Jason Plato helps lottery winner Robert Palmer pick out the perfect supercar. Palmer narrows the choices down to the Ferrari F430 and Aston Martin V8 Vantage.
Which one will Palmer choose? Check out the video after the jump.

According to reports, the list of potential buyers for Aston Martin — once more than 30 strong — has been pared down to just four parties. The surprise bidder in the final list is Syrian-born billionaire, Simon Halabi, who reportedly offered a bid of £600 million ($1.18 billion) for the brand.
Many of the original interested […]

Kenneth H.M. Leet, the former Goldman Sachs mergers and acquisitions expert who was brought in by chairman Bill Ford to advise Ford Motor is departing the company and joining private equity firm Cerberus Capital Management, L.P. Leet was brought in by Bill Ford prior to Ford’s hiring of CEO Alan Mulally in September.
Leet was […]