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Aston Martin LOST £24.6 million in 2012
Thu, 10 Oct 2013The 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.
Peugeot unveils hybrid Le Mans racer
Mon, 15 Sep 2008By Ben Whitworth First Official Pictures 15 September 2008 12:20 Peugeot has unveiled a new hybrid-powered 908 HDi FAP racer at the final round of this season’s Le Mans Series. Shown off at Silverstone this weekend the hybrid 908 features a similar kinetic energy recovery setup to next year’s Formula 1 system. The 908’s ‘HY’ undertook a number of demonstration laps in front of the packed grandstands and showed how Peugeot’s passenger car technology is filtering through to its motorsport activities.
Audi R18 TDI dominates Le Mans 2011 test day
Tue, 26 Apr 2011Le Mans echoed to the sound of racing cars on Easter Sunday as teams took part in the sole scheduled test day, and Audi's new R18 coupe dominated the LMP1 class. Le Mans 2011: classes and rules changes The Automobile Club de l'Ouest (ACO), the organisers of the annual 24-hour race, made several changes to the competition classes and technical specifications for Le Mans 2011, aimed at reducing costs, raising lap times and ending the dominance of turbodiesel endurance racers. Out went V10 and V12 engines in the LMP1 (Le Mans Prototype) class, and in came new capacity limits for all engines, intake restrictors and lower turbo boost limits on existing turbodiesels. Naturally aspirated petrols units are now limited to 3.4-litres, turbo'd petrols can be no bigger than 2.0, and turbodiesels are restricted to 3.7-litres.