Ford to sell Aston Martin in $925 mln deal
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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 F.N said on Wednesday   that none of its European premium brand car businesses was for   sale at this stage except Aston Martin, but added it would   continue to examine all its options.
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Ford will raise $848 million toward its overhaul plan by selling Aston Martin, its British luxury sports car brand.
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India's Tata Motors  is set to  be named as the preferred buyer for Ford Motor's  luxury  brands Jaguar and Land Rover as early as Friday after beating  rivals with a bid of around $2 billion, Indian and British  media reported.
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Strong demand allowed Ford Motor Co.  to boost a convertible bond sale by 50 percent to $4.5 billion on Wednesday as investors bet that the struggling automaker will engineer a successful turnaround.
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Automaker Ford Motor  may sell Land  Rover, a maker of four-wheel-drive vehicles, along with Jaguar,  as part of a shake-up of its British brands, The Sunday Times  newspaper reported.
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The Ford Motor Company has agreed to sell its iconic Aston Martin brand for just over 470 million pounds (908 million dollars) to a consortium led by a former British racing driver, an official for the US firm said Monday.
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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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The decision to talk to interested buyers comes as Ford also is trying to sell its two other European luxury brands, Jaguar and Land Rover.
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Ford confirms that India's Tata Motors will be the likely buyer of its UK-based Jaguar and Land Rover brands.
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Ford of Europe today announced a major commitment to the World Rally Championship. The Company has entered into a four-year agreement with Malcolm Wilson&#39;s British
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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&#39;s sale of elite sports-car maker Aston Martin is a sign of deeper troubles at the US automaker after a failed foray into luxury European brands and a loss of focus on its critical US market, said analysts.
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English Premiership club Aston Villa have been the subject of a takeover bid estimated to be worth 64 million pounds (94 million euros).
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Ford Motor Co.  said on Monday it  plans to obtain financing totaling about $18 billion to address  near-and medium-term negative operating-related cash flow, to  fund its restructuring, and to provide added liquidity.
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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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Ford Motor Co. will offer buyout   packages of up to $140,000 to all of the more than 75,000   workers at its U.S. plants, the United Auto Workers union said   on Thursday, a day before the automaker details a revised   turnaround plan in response to slumping sales.