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Aston Martin to revive Lagonda marque

Aston Martin CEO, Dr. Ulrich Bez, announced the firm's intentions to revive the fabled Lagonda marque in a statement to the media yesterday. "After my eight years with Aston Martin, four with profitability, and 16 months of independence, it's time to think about a longer term future." Bez said.

The scramble for scarce tires

North American automakers are struggling with a nagging shortage of tires, caused in part by tire plant closings and rising demand for low-volume specialty tires. Automakers are paying much higher prices -- double-digit percentage increases from a year ago -- as tire makers gain pricing power. "We have been bombarded from every side for additional tires, and we can't keep up," said David O'Donnell, Continental Tire's vice president of original equipment in the Americas.

Call over winter transport issues

MORE MUST BE DONE to enable transport systems to cope with bad winter weather, a report by MPs said today. Recent floods and gales showed that disruption was not just caused by snow, the report by the House of Commons Transport Committee said. Transport's winter resilience had improved but there was a risk that a few years of mild winter weather "could lead to a false sense of security and reduce the sector's preparedness over the longer term", the report said.