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Ssangyong XIV-1 concept
Mon, 05 Sep 2011Ssangyong is the latest car manufacturer to confirm they will be showcasing a new concept car at the 2011 Frankfurt motor show, the XIV-1. The XIV-1 B-segment concept, previously known as the XUV-1, is a crossover concept that underlines the importance of the car's interaction with its driver and passengers, with the vehicle's name coming from the phrase 'eXciting user Interface Vehicle'. Ssangyong will also be premiering the SUT-1 sports utility vehicle, first shown in concept form at the 2011 Geneva motor show and debuting the petrol-powered Korando crossover.
Renaultsport Megane (2011) Nurburgring teaser video
Mon, 06 Jun 2011Renaultsport have released a teaser video, showing its development team preparing a new Renaultsport Megane for track-testing at the Nurburgring. Under the title 'Save the date: June 17', the video shows a previous-generation Renaultsport Megane R26.R in addition to the track-focused, luridly-painted current Megane. Renaultsport is believed to be preparing a harder-edged, more powerful RS Megane, to sit above the current RS250 Cup model. The current car is no slouch, winning general acclaim from CAR when it was included in our PCOTY 2011 convoy through France. But it looks like the fast Renault wizards from Dieppe have decided to send their latest car to the Nurburgring in order to attract the attention of the trackday brigade.
Aston Martin LOST £24.6 million in 2012
Thu, 10 Oct 2013The 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.