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Aston Martin LOST £24.6 million in 2012

The Aston Martin Vanquish (pictured) launch in 2012 contributed to AML’s losses We reported just the other day that Aston Martin had axed the Cygnet after woeful sales, and it’s not just the Cygnet that hasn’t been selling well. In fact, Aston Martin sales in 2012 – 67,500 units – was still 42,500 down on its pre-recession sales levels of 110,000 cars in 2007 and that lead to yet another loss. Aston Martin has posted pre-tax losses for 2012 of £24,6 million on sales of £461.2 million for 2012, a worsening position over 2011 which saw losses of £21.2 million.

CDN-Opel/Vauxhall Interactive Design competition winner announced

Vladislav Domanin is the overall winner of the CDN-Opel/Vauxhall Interactive Design competition. The announcement was made by Friedhelm Engler, Director GME Advanced Design, during the second day press day of the Paris motor show on the Opel/Vauxhall stand. Mateusz Wowk from the Academy of Art of Design in Wroclaw was this year's runner-up in the exterior category, while Matic Vihtelic of the Academy of Fine Arts and Design, Ljubljana, was declared runner-up in the interior category.

Update: Hyundai releases statement on Calif. lawsuit

UPDATE: Hyundai Motor America contacted Autoweek on Wednesday with a statement in regard to the case: Hyundai Motor America believes this case has no merit, as our advertising is accurate and in full compliance with applicable laws and regulations. In fact, we've reviewed our ads and think Consumer Watchdog and their client are dead wrong. A group called Consumer Watchdog announced that it is suing Hyundai on behalf of drivers who purchased 2011 and 2012 Elantras based on claims that Hyundai made in its advertising for the Elantra.