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News watch April 2010: today's auto industry news

Welcome to CAR's news aggregator as we round up the daily stories in the auto industry. Top tip: news summaries are added from the top hour-by-hourThursday 29 April 2010• The European Commission has published a document outlining plans to encourage the take-up of electric cars. It includes a strategy for a common charging socket (Financial Times)• BMW has leapfrogged Toyota as the world's most valuable automotive brand, according to the BrandZ Top 100 survey.

Aston Martin LOST £24.6 million in 2012

The 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.

Mercedes at 2012 Goodwood Festival of Speed: Historic racers, AMG & lots more

Mercedes at 2012 Goodwood Festival of Speed Mercedes plan to put on a show at the 2012 Goodwood Festival of Speed with historic F1 cars, AMG, historic cars and much more. The 2012 Goodwood Festival of Speed is now only a little over three months away, and car makers are starting to reveal what plans they have for what is quite possibly the best pertrolhead experience in the world. Mercedes are offering a cornucopia of delights for the 2012 FoS and are taking the opportunity to bring along their latest offerings as well as plenty of stuff from their back catalogue, and the two collide in the 2012 Mercedes SL as Mercedes celebrate 60 years since the W194 300 SL and 75 years since the 1937 W125 Tripoli Grand Prix car.