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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.

Geely Englon TXN (w/ Gallery)

Geely is poised to show 39 new vehicles at the forthcoming Auto China 2010 motor show in Beijing, among them will be this new TXN taxi. While most of the new cars on show won't be built around entirely new sheet metal - some will feature new powertrains, for example - the Englon TXN is indeed all-new. Sitting in Geely's Englon range, a sub-brand initially created for the taxicab, the TXN is intended as a replacement for the aging TX4 built by British automaker LTI (as well as at Geely's Shanghai Maples factory).

Ford begins Daventry site transformation

FORD IS to invest millions of pounds in a new, state-of-the-art training facility on its existing site in Daventry, Northamptonshire, as part of a wider forward-looking programme. The new site will merge the capabilities of two existing Ford colleges – the Technical Training Centre located separately at Daventry, and the Henry Ford College in Loughborough, which provides training for technicians, sales staff and management throughout Ford’s national dealer network. Scheduled to open next year, the brand-new centre will replace the existing facilities to become a centre of excellence for training across the country.