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BMW to EXPORT 5-Series from China
Sat, 26 Nov 2011BMW are to export China made 5-Series cars When you think about luxury cars in China, you think of big imports from the West at premium prices for newly wealthy Chinese. But BMW are planning to turn that on its head. BMW’s China CEO has revealed that before the end of 2011 we’ll see Brilliance-BMW 5-Series cars being exported to neighbouring Asian countries, as BMW seeks to cash in on its low cost, low duty China manufacturing facility.
2011 Subaru Impreza WRX gets the wide-body look of the STI
Mon, 22 Mar 2010The 2011 Subaru Impreza WRX will look more like the WRX STI model by adopting the STI's wide-body look, including a wide track front and rear, and wider tires. The front and rear tracks of the 2011 WRX are 1.5 inches wider, compared with the 2010 model. Wheel diameter remains at 17 inches, but the wheels get an inch wider at 8 inches.
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.