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Maybach coupe set for limited production

German-based engineering specialist Xenatec has announced plans for an exclusive new Maybach coupe to rival the Bentley Brooklands and the Rolls-Royce Phantom Drophead Coupe. The new two-door, which will ride on the same underpinnings and draw power from the same engine as the Maybach 57S, is planned to be built in a limited run of 100 cars at the company’s workshop in Weinsberg, Germany, all with the blessing of Maybach parent company, Daimler. Daimler has carefully followed the car’s development and will supply built-up 57S chassis from its nearby Sindelfingen-based manufacturing headquarters.

Citroën separates DS and C line design departments

Citroën is reorganizing its design division in order to create a dedicated design department for its semi-premium DS line of models, led by Thierry Metroz. The new structure will come into effect on 1 June. Alexandre Malval, former head of styling for the DS5 and C5, will manage the mainstream C line.

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.