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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.

GM expands brake-override safety feature

General Motors is significantly expanding the use of a brake-override safety feature in its cars through the end of 2012. GM announced on Monday that it will add the software, which it also calls “enhanced smart-pedal technology,” in all of its passenger cars with automatic transmissions and electronic throttle control. The change will reduce power to the engine when both the throttle and brakes are pressed at the same time.

Bentley SUV confirmed for production

A Bentley worker has told the Sentinel that the Bentley EXP 9 F – the Bentley SUV – is confirmed for production. It obviously didn’t seem like a big deal to the reporter at Staffordshire’s Sentinel newspaper when a Bentley employee told them that the Bentley SUV was going in to production and would guarantee employment for the next 14 years. But it is a big deal.