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New Infiniti DX (Etherea) based on Mercedes platform to be built by Magna Steyr

The new Infiniti DX is to be built in Europe by Magna Steyr It’s reported that Canadian-Austrian specialists Magna Steyr will build the new Infiniti DX Etherea from Mercedes A-Class components. It looks like the plans by Infiniti to build a production model of the Etherea Concept from this year’s Geneva Motor Show are pushing ahead, with reports that Magna Steyr – the Canadian Austrian specialist car builders – tasked with putting together what we expect to be the Infiniti DX. The DX is Infiniti’s big gun in its aim to take 10 per cent of global luxury car sales by 2016.

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.

Kia to debut 2 midsize sedans within 6 months

Kia plans to replace its slow-selling Amanti sedan this year--close on the heels of the similarly sized, redesigned Optima sedan now being rolled out. But the exact timing of the launch is undecided. The Amanti replacement, tentatively called the Cadenza, had been expected in April.