Aston Martin stunned the world last June by revealing the Cygnet super-mini concept that is based on the Toyota iQ. Then the British sports car maker that is fondly associated with mouth watering sports cars announced that the Cygnet will go into production and that the development of the super-mini will continue into 2010. Slated for a market launch late this year or by early 2011, the Cygnet is expected to be sold to owners of Aston Martin’s full-sized sports cars and only 2,000 units are planned.
Corporate Business
10-Strong MINI Model Lineup Coming
According to AutoEvolution.com, despite being ideal vehicles for hairdressers and looking like retro hatchbacks, we actually like the cars that MINI makes. However, there’s always that nagging thought in the back of our minds that they are as British as a bratwurst. There’s still hope though, as MINI recently announced a big investment plan in its plant in Oxford, UK to prepare for production of its third-generation Cooper model, a test mule of which was recently spotted while undergoing road trials. The new model, will be based on a new front-wheel drive platform dubbed UKL, which will be used by BMW for its own range of entry-level hatchbacks. A new Cooper isn’t the only kind of ammo that MINI has ready to load, as the company boss Norbert Reithoffer has revealed to What Car? that a 10 model lineup is […]
Aston Martin
New Aston Martin Heritage Showroom in London
Having opened a new facility in Goldhawk Road, West London this week, Nicholas Mee & Co says it is the first ever high-street, officially endorsed, Aston Martin Heritage showroom. The company was established 21 years ago and held a party to celebrate the opening, with guests including Aston Martin CEO Dr Ulrich Bez and Director of Works Service and Parts Operations, Kingsley Riding-Felce. Riding-Felce said: “Aston Martin takes its heritage very seriously, and it is crucial that current and prospective owners of our Heritage models are able to receive the kind of levels of service and specialist knowledge that is expected of the Aston Martin brand. “Up until now our heritage network has not had such prominence in London and it is wonderful to see Nicholas and his team investing so heavily in the future of Aston Martin’s Heritage business.” […]
Aston Martin
Aston Martin Expects 2009 Sales To Slow
British sports car maker Aston Martin expects to sell fewer cars this year compared to last year due to the economic crisis, the company’s chief executive told German newspaper Die Welt in an interview. Aston Martin sold 5,800 sports cars last year, which was the second-best year in the company’s 95-year history, Ulrich Bez told the paper in an article published on Saturday. “In light of the current weakening in consumer spending we expect 4,500 to 5,000 unit sales this year,” Bez said. Islamic investment firm Investment Dar (TIDK.KW) owns a controlling stake in Aston Martin. The fund was part of a consortium that bought the automaker for about $950 million from Ford Motor Co (F.N) in March 2007. Staff