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Aston Martin to continue with V12 engine as well as new Mercedes AMG V8

Aston’s Flagship cars, like the Vanquish (pictured) will still offer the V12 engine Aston Martin has certainly been looking to the future with renewed optimism over the last year as a series of deals gave them a lifeline to remain competitive in an increasingly corporate car world. Extra funding came in thanks to the involvement of Investindustrial’s new stake in Aston Martin, and a deal has been done with Mercedes AMG to supply new V8 engines and electronic architecture. Not only that, but Aston Martin are developing a new platform for their future range of cars, with the biggest investment in Aston Martin’s history.

Ford burns through $5.5 billion in 4th quarter as losses mount

Ford Motor Co., the only U.S. automaker operating without federal loans, burned through $5.5 billion in cash during the final three months of 2008 as losses mounted. Ford finished the year with cash reserves of $13.4 billion.

Lotus Evora hits London showroom

Despite the fact that the new Lotus Evora is not due to start delivery until next Summer, Lotus of London, in Park Lane, has this week taken delivery of the first Evora to hit a showroom anywhere in the world, and it will be on show from the 22nd December. The Evora is going to be on display until the 9th January, offering potential buyers, and the terminally nosey, the opportunity to see this exciting new Lotus in the flesh. Finished in Frost White (trendy, but I’m not sure it suits the Evora that well), with a red leather interior, the 2+2 is the first proper new Lotus car for more than a decade.