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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.

New Lotus Esprit cancelled? Not according to Lotus

The Interwebs are rife with rumours that the new Lotus Esprit has been cancelled. But Lotus say it’s not and the claims are made up. Dany Bahar was finally ousted from Lotus after the new owners of Lotus managed to remove the flamboyant former Ferrari man from his role at Lotus and ditch his fantasy plans to turn Lotus in to a cross between Aston Martin and Ferrari.

IPL: Infiniti spells performance with new custom line to debut on G coupe

Time will tell whether the IPL brand will carry the gravitas of Mercedes-Benz AMG or BMW M. But for now, it spells 18 hp and a host of sporty cosmetics. Infiniti is launching a range of athletic gear for its luxury cars, called Infiniti Performance Line.