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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.
United States Grand Prix (2012) RESULT
Mon, 19 Nov 2012The first U.S. Grand Prix at the Circuit of Americas in Austin, Texas, see Vettel on pole. Can he secure the drivers and constructors championship?
Tesco Cars shuts up shop
Tue, 03 Apr 2012Tesco Cars closed for business A year after launching Tesco Cars in conjunction with Carsite, Tesco reveals it is to close the used car operation. Tesco Cars was one of the latest Tesco sideways moves to use its vast revenues to dominate more and more business sectors in the UK. But it’s come to an ignominious end just twelve months after it was launched, piggy-backing on the existing Carsite business to try and flog used cars to customers who would rather deal with a big supermarket than a back street car lot.