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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.

Volkswagen XL1 ‘Super’ Hybrid heading for the UK – costs £98,515

The Volkswagen XL1 ‘Super’ Hybrid (pictured) costs £98,515 in the UK VW announced a while back that their ‘super’ hybrid XL1 was going in to limited production, although they didn’t confirm a price for being super green. But now the first XL1 has already been delivered in Germany, Volkswagen has confirmed a chunk of the 200 run – thought to be between 20 and 30 cars – will be making their way to the UK and will cost £98,515. For almost £100k, there are plenty of options bordering on supercar, but the XL1 is ‘super’ in a different way, and if extreme economy and a design that looks like something imagined as a car of the future in Hollywood Sci-Fi films of the 1930s floats your boat, the XL1 could be the car you’re looking for.

Tesla Motors open-sources patents

Since Elon Musk founded Tesla Motors a decade ago, his electric car venture has been a thorn in the traditional auto manufacturers' side. Now, Musk has made another disruptive move by announcing he is scrapping the firm's patents. In a blog post on the Tesla website, he wrote "[the patents] have been removed, in the spirit of the open source movement, for the advancement of electric vehicle technology.