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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.
Mercedes to set world drifting record at Brooklands
Fri, 17 Jun 2011Mercedes are going after the world drifting record I can’t say we actually knew that there was a world record for drifting a car. But there is. And Mercedes - and driver Mauro Calo – hope it will be theirs after this weekend.
Fiat 500 gets dressed up by Mopar
Thu, 28 Jul 2011Chrysler is cranking up its Mopar parts unit to make it easier to customize the diminutive Fiat 500. Mopar will have more than 150 parts for the Fiat, including a Wi-Fi router to turn your microcar into a wireless hot spot. "The Fiat 500 is one of the most accessorized vehicles in Europe," said Pietro Gorlier, president and CEO of Mopar, Chrysler Group LLC's service, parts and customer-care brand.