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Honda CR-Z Mugen (2011): the first sketches
Thu, 17 Mar 2011This is our first glimpse of the new, Mugen-tweaked Honda CR-Z. Developed by Mugen Euro, the UK-based arm of Honda’s long-standing tuning partner Mugen, this CR-Z features a whole raft of tweaks to turn it into a hot hybrid. As with the previous UK-spec Civic Type R Mugen, this new Mugen model is currently being touted as a one-off prototype, but just as that Civic was then built in limited numbers the same may happen with the CR-Z – and the individual parts may become available as aftermarket accessories too.
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.
Christopher Reitz joins Riversimple
Mon, 13 Dec 2010Former Alfa Romeo Director of Design, Christopher Reitz, has joined the UK-based open-source car company, Riversimple. In a statement on Riversimple's website, Reitz said: "This really is a step into something different, to design cars that really are the future. Increasingly I have felt that it does not make much sense to move tons of steel around, using a lot of fuel and resources.