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Aston Martin to axe a third of jobs

Aston Martin today announced 600 potential redundancies. It is consulting with the unions to lose 300 permanent jobs and 300 temporary staff By Tim Pollard Motor Industry 01 December 2008 14:00 Aston Martin announced at 2.00pm today that it is to cut a third of its UK workforce in a response to a slump in sales. The company, based in Gaydon, Warwickshire, said it today launched a consultation with the unions to cut 300 permanent jobs and 300 temporary posts – out of a total of 1850 employees.

Luxury car price crash in China

Mercedes in China offering 25 per cent discounts on S Class Mercedes, BMW and Audi are having to offer discounts of up to 25 per cent on luxury cars in China to shift stock. The huge Chinese car market has been seen as a sales salvation for Western car makers; the automotive equivalent of shooting fish in a barrel. But it looks like that’s all changing, particularly at the luxury end of the market.

Audi Quattro concept (2013) at Frankfurt motor show

This is our first look at Audi’s new Quattro concept, the latest evolution of Ingolstadt’s plot to build a flagship super-coupe inspired by its Eighties all-wheel drive icon. However, it doesn’t just look a whole lot more aggressive than the original 2010 Quattro concept – it’s also massively punchier under the skin. What’s new exterior-wise for the 2013 Audi Quattro concept?