Ford in talks with Prodrive on Aston Martin bid: Times of London

Ford talks to Prodrive on Aston Martin sale

Motor racing company may buy the luxury-car unit, according to a newspaper report.

London (Reuters) -- Ford Motor Co. is in exclusive talks with Prodrive, a motor racing company, over the potential sale of the U.S. carmaker's Aston Martin luxury car unit, The Times of London said on Saturday.

The newspaper quoted unnamed sources as saying Prodrive had trouble financing a bid but Ford had chosen it as the racing group had offered a higher price than other interested buyers.

Source: [url=http://www.marketwatch.com/news/story/ford-talks-prodrive-aston-martin/story.aspx?guid=%7B0A7BDDE5-4C85-4E98-A5FE-44EFAEF570C9%7D]MarketWatch[/url]