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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.
Lexus launches own Design Award contest
Tue, 30 Oct 2012The first Lexus Design Award has been launched that gives the next generation of designers the chance of seeing their work showcased at next year's Milan Design Week. The theme of this global competition is ‘Motion', with Lexus looking for designs that respond to issues in daily life that relate to ‘Motion' as well as providing solutions. Two of the ten award winners will then develop prototypes with a renowned designer – either Sam Hecht or Junya Ishigami – acting as their mentor.
Pebble Beach Concours d’Elegance 2014 in pictures
Mon, 18 Aug 2014The Pebble Beach Concours d’Elegance is one of the world’s premier automotive events. In fact, you could call it the world's most exclusive motor show. Held on the 18th fairway of Pebble Beach Golf Links in California, it's been running since 1950 and, in the words of the event's organisers, “only the most beautiful and rare cars are invited to appear".