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Aston Martin to axe a third of jobs

Aston Martin today announced 600 potential redundancies. It is consulting with the unions to lose 300 permanent jobs and 300 temporary staff By Tim Pollard Motor Industry 01 December 2008 14:00 Aston Martin announced at 2.00pm today that it is to cut a third of its UK workforce in a response to a slump in sales. The company, based in Gaydon, Warwickshire, said it today launched a consultation with the unions to cut 300 permanent jobs and 300 temporary posts – out of a total of 1850 employees.

Kia future products: New engines power redesigned models

Cars will be the focus of Kia's attention in the next year as the fast-growing Korean automaker brings fresh styling and new engine technology to its lineup. The redesigned Rio subcompact that debuted at the New York auto show in April goes on sale in the fourth quarter. The Cadenza, a large upscale sedan that will be Kia's flagship, will be launched next spring.

Lada X-Ray

Russian automaker AvtoVaz has unveiled the Lada XRAY concept at the Moscow motor show. It's the first concept to emerge from under the direction of AvtoVaz's new design chief, Steve Mattin. Previously Design Director of Volvo, Mattin has a strong history with the SUV breed – it was under his direction that the XC60 was developed while at Volvo, while in his role prior to that at Mercedes-Benz, he also worked on the ML-Class.