Ford considers Aston Martin sale
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Ford says it might sell off the luxury Aston Martin brand following a review of the unit's future.
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Aston Martin could co-operate with Daimler AG's Mercedes on ventures ranging from engines to new models, the British luxury carmaker's majority shareholder, Kuwait's Investment Dar, said on Tuesday.
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Ford Motor Co.  has reached a deal  to sell its British race car unit Aston Martin to an investor  consortium led by racing team boss and chief executive of  Prodrive Ltd David Richards, an adviser on the deal, said on  Monday.
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Business & money: James Bond effect helps keep Aston Martin at top of UK list of coolest brands.
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A bidding group fronted by former  Benetton and BAR motor racing team boss David Richards said it  will hold a news conference at 1300 GMT and sources familiar  with the matter said it will announce it is buying a majority  stake in luxury car maker Aston Martin from Ford .
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Ford Motor Co. said Tuesday it was reviewing its position on its Jaguar and Land Rover businesses, and union officials pressed for more information amid reports that the two brands were up for sale.
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Ford Motor Co. said on Thursday it  has had contact with interested parties for its Land Rover and  Jaguar luxury brands and is evaluating the level of interest.
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Luxury car company Aston Martin is expected to be sold imminently, bringing the business back into British ownership.
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Ford Motor Co.  has reached a deal to sell its British race car unit Aston Martin to an investor consortium led by racing team boss and chief executive of Prodrive Ltd David Richards, an adviser on the deal, said on Monday.
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Ford, battling steep losses, hired the investment banks Goldman Sachs, Morgan Stanley and HSBC to explore the sale of Jaguar and Land Rover.
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Business & money: Ford's decision to consider possible sale of Jaguar and Land Rover brands alarms unions and politicians.
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Union leaders voice concerns about Ford's decision to put its UK luxury car firms Jaguar and Land Rover up for sale.
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The British government has contacted Ford following a report the US automaker is to sell luxury brands Jaguar and Land Rover, an official spokesman said Tuesday amid concern for the fate of British jobs.
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Luxury car business Aston Martin has been sold to a British-led consortium for Â£470m.
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LONDON/GAYDON  - Ford Motor Co.  is selling British luxury car maker Aston Martin to a group fronted by former Benetton and BAR motor racing boss David Richards in a deal worth 479 million pounds ($925 million).
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Ford Motor Co.  on Thursday said  it was trying to sell its Aston Martin luxury unit to free up  funds to invest in its other brands amid a sharp downturn in  sales.
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Loss-making Ford Motor Co.  is planning to sell Swedish car maker Volvo  and German carmaker BMW  could be a possible buyer, a Swedish newspaper said on Monday.