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New MoT failure figures reveal surprises

BETWEEN January and August 2013 253,000 vehicles failed their first MoT, according to new data. 70 million records from the Vehicle Operation and Services Agency (VOSA) were examined to reveal the patterns of failure for cars receiving their first MoT, required three years from the date of first registration. However, while the best performers have pre-existing reputations for reliability, the bottom of the table reveals some surprises.

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.

Jaguar Land Rover: 800 new jobs & record sales

Jaguar Land Rover are creating 800 new jobs at their Solihull plant as they reveal record sales for 2012 of 335,000 vehicles. The end of last week saw Honda plans to cut 800 jobs as the European market for Honda fizzled under a cloud of economic gloom, but no such problems at Jaguar Land Rover. Jaguar Land Rover has revealed plans for 800 new jobs at Solihull (following on from 1,000 new jobs last March, 1100 new jobs last July and 1000 new jobs in November 2011),  after revealing record sales across the globe in 2012, selling an impressive 335,000 vehicles.