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KTM halts production of the X-Bow two-seater as inventory grows

With sales well below expectations and 80 units reportedly unsold, Austrian motorcycle company KTM has temporarily halted production of the ultralight X-Bow two-seat sports car. KTM officials originally expected sales of 1,000 units a year. But that lofty goal is being scaled back to between 200 and 300 units a year.

Aston Martin sales UP in 2013 – new platform being developed

Aston Martin sales and revenue up in 2013 Aston Martin has revealed its results for 2013 – its centenary year – which show the coolest car brand on the planet managed to increase sales by 11 per cent – to around 4,200 cars – and revenue to £519 million, an increase of 13 per cent over 2012. Aston Martin’s earnings before EBITDA (that’s earnings before interest, taxes, depreciation, and amortization) were up a strong 22 per cent to £84.8 million, demonstrating strong operating profitability, although actual earnings were marginal. But Aston Martin are bullish about the performance, and equally bullish about the future.

Bentley Mulsanne Diamond Jubilee Edition: Exclusive

Bentley Mulsanne Diamond Jubilee Edition Bentley will unveil the Mulsanne Diamond Jubilee Edition tonight at the opening of one of the world’s largest Bentley dealers in Beijing. We already know that China is now the most important market for Bentley, and that Bentley provides the Queen with the Bentley State Limousine – a custom-built Bentley in Claret and Black. Now, with the Queen celebrating her Diamond Jubilee, Bentley has found a way to pull all these threads together with the Bentley Mulsanne Diamond Jubilee Edition, a run of 60 Special Edition Mulsannes to celebrate the Queen’s jubilee – one for each year of the reign of Elizabeth II.