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CA, United States
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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.
VW Beetle Dune at the Detroit auto show
Wed, 15 Jan 2014Of all the production-leaning concept vehicles at the Detroit auto show, the Volkswagen Beetle Dune's the sort of flight of fancy nobody was looking for. Nissan's Sport Sedan heralds the look of the next Maxima, which will likely trickle down in some way to future Altimas, Sentras and Versas. It looks as if Nissan will put one of its techno-retro RWD IDx concepts into production.
Volvo V60 Plug-in Hybrid (2013) will cost £50k
Tue, 13 Dec 2011Volvo V60 Plug-in Hybrid will cost £50k The Volvo V60 Plug-in Hybrid will start production in 2012 with 1,000 cars, each likely to cost around £50,000. We really like the Volvo V60, and despite our general antipathy towards hybrid platforms – particularly in smaller cars – we also really like the idea of the Volvo V60 Plug-in Hybrid. With its 4WD – thanks to something Volvo call ERAD (Electric Rear Axle Drive) – and 2.4 litre diesel working with an electric motor producing 70 horses, the V60 plug-in can offer the best of both worlds – economy and performance – albeit at a price.