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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.
Four in 10 'can't read maps'
Wed, 13 Aug 2014ALMOST four in 10 drivers don't know how to read a traditional map, according to new research by sat-nav manufacturer Garmin. A study of 2,000 Brits revealed that 39% admit to not knowing what they're doing with old-fashioned navigation, but the true figure could well be higher than that when taking into account those who believe they can read a map but have either never tried or never proved it. A worrying 16% say that they are 'heavily reliant' on sat-nav in their cars in order to get anywhere – even to places they regularly visit.
Toyota, Honda, Nissan and Mazda recall 3.4 million cars over Airbag fault
Thu, 11 Apr 2013As recalls go, 3.4 million cars around the globe is a big number, but it’s that big because a parts supplier - Takata Corp – supplied the same airbag part to Toyota, Honda, Nissan and Mazda, so the recall involves all four Japanese car makers. The part at fault could cause the airbag inflator to rupture and deploy the airbag abnormally, although there have been no reports of injuries due to the potentially faulty part and just five reports of the fault existing – three in the US and two in Japan. In the UK the number of cars affected – and do note the recall only affects cars sold between 2000 and 2004 – appears to be about 75,000 for Toyota, 60,000 for Nissan, 15,000 for Honda and 2.000 for Mazda, and all four car makers will be getting in touch with owners during the next month to book their cars in for free replacement of the part.