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GM gets behind Vauxhall & Opel by dropping Chevrolet in Europe

Cars like the Chevrolet Trax (pictured) will disappear from the UK in 2015 GM has seemed to be fighting a battle with itself in the UK and Europe by marketing a broadly similar range of cars under the Vauxhall and Opel badges in the UK and Opel and Chevrolet in Europe. But unlike the VW Group, which manages to offer very similar cars from VW, SEAT and Skoda and create a different customer base, GM seems to have failed to make the marketplace work with Opel and Vauxhall competing with Chevrolet. So Chevrolet are on their way out in Europe.

Fiat to build crossover on 500 platform

Fiat plans to start production of a crossover variant of its 500 minicar next year. The new model will be called the 500X, with the letter X standing for cross, company sources told Automotive News Europe. The car will replace the Sedici in Fiat's Europe lineup.

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.