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Motor industry backs EU membership

MOTOR MANUFACTURERS have given strong backing for the UK staying in the European Union, citing benefits including business links and free movement of labour. A survey by the Society of Motor Manufacturers and Traders (SMMT) showed that 92% of automotive firms believed that staying in the EU would be best for their business, although most wanted to see reforms. The SMMT said its study showed how EU membership benefited the industry, such as access to a single market and funding for research and development.

Win a Porsche Boxster and help fight cancer

To help fund research for the Lymphoma & Leukemia Society, a raffle called Drive Away Cancer is offering a 2010 Porsche Boxster or $55,000 as the grand prize. The Drive Away Cancer campaign is organized by Omar Dawood, a survivor of stage IV hodgkins lymphoma who was diagnosed at age 14. He is now a physician and was recently nominated Man of the Year by the Lymphoma & Leukemia Society.

Aston Martin sales UP in 2013 – new platform being developed

Aston Martin sales and revenue up in 2013 Aston Martin has revealed its results for 2013 – its centenary year – which show the coolest car brand on the planet managed to increase sales by 11 per cent – to around 4,200 cars – and revenue to £519 million, an increase of 13 per cent over 2012. Aston Martin’s earnings before EBITDA (that’s earnings before interest, taxes, depreciation, and amortization) were up a strong 22 per cent to £84.8 million, demonstrating strong operating profitability, although actual earnings were marginal. But Aston Martin are bullish about the performance, and equally bullish about the future.