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Aston Martin sales UP in 2013 – new platform being developed
Tue, 29 Apr 2014Aston 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.
Mercedes-Benz inaugurates Advanced Design Studio in Beijing, China
Fri, 22 Jul 2011Mercedes-Benz inaugurated its global Advanced Design Center in Beijing, China, yesterday, Thursday July 21. The Beijing design center, Daimler's fifth advanced design studio worldwide, further reinforces the growing importance of the Chinese auto market and Beijing in particular; the city is increasingly influencing changing needs and trends. The new 1,000 square meter Advanced Design Studio employs a total of around 20 designers who will contribute to the future design of Mercedes-Benz automobiles, competing and working with the company's other studios in Germany, Italy, Japan and the USA.
Fuel discount proposed for rural areas
Fri, 24 Jan 2014MOTORISTS in exceptionally rural areas could see their fuel bills cut by up to 5p a litre under proposals aimed at easing the burden on the UK's remotest families. The UK Government has asked the European Commission to consider seven new regions across Scotland and in a part of north-east England. Chief Treasury Secretary Danny Alexander, a Highlands MP, said: "High fuel prices in areas where cars are a necessity, not a luxury, is a major issue in rural communities across the UK.