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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.

Bob Bondurant at 80

Last fall, as we waited for our turn to partake in a braking drill at Bob Bondurant's driving school in Arizona, a black Cadillac CTS-V coupe came screaming out of the facility's parking area and onto the tarmac where we sat. The driver hustled the big two-door around a tight autocross course at a startling pace, though he likely would have been faster had he avoided some of the smoky, sideways stuff. Our instructor, Johnny O'Connell, grinned, “I guess it's good to be the boss.” Bondurant -- who turns 80 on Saturday -- started racing an Indian motorcycle as a teenager.

Saab files for Bankruptcy

Saab Bankrupt It looks like Victor Muller’s dream of saving Saab is over with Saab shares suspended and the company filing for bankruptcy. Saab has produced nothing since April and has lurched from crisis to crisis ever since. Victor Muller has pulled every trick he knows – and some he didn’t know he knew – to keep Saab afloat, but it looks like it’s all for nothing.