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Aston Martin recalls 7,000+ vehicles over seat heaters

We've seen vehicles being recalled for all sorts of reasons: ignitions switching off, airbags inflating prematurely, brake lines leaking fluid... but this latest one from Aston Martin is for the seat heater. So what, rich folks won't be able to drive their Volantes with the roof down when it gets cold, you say? Tragic though that would surely be, we're afraid this problem lies at the opposite end of the spectrum: seat heaters that won't turn off. The danger that poses, according to the statement below from the National Highway Traffic Safety Administration, is that the seats could start to smolder. And that doesn't sound like fun. The issue affects just about the entire Aston range, including the DB9, DBS, Virage, V8 Vantage and V12 Vantage, covering the 2006-2014 model years and manufactured between July 3, 2006 and November 5, 2014. That's pretty much everything Aston makes, save for the four-door Rapide, the newer Vanquish, the rare One-77 and the overseas-only Cygnet. So you'd figure that would add up to a lot of vehicles, and we suppose it does, considering the niche market in which Aston competes. All told, the recall affects an estimated 7,256 units across the United States, the owners of which will need to bring their luxury GTs into their local dealer to have an additional circuit module installed that will cut the power to the seat heaters in case the control module fails. Featured Gallery 2013 Aston Martin DB9: Review View 28 Photos News Source: National Highway Traffic Safety AdministrationImage Credit: Copyright 2014 Drew Phillips / AOL Recalls Aston Martin Convertible Coupe Luxury Performance aston martin v8 vantage aston martin db9 aston martin v12 vantage seat heaters

Aston CEO claims Cygnet cancelled because Toyota is dropping iQ in 2014

While slow sales and a $50,000 price tag may have been contributing factors to the Aston Martin Cygnet being cancelled last month, Aston Martin CEO Ulrich Bez is pointing the finger at Toyota for the demise of this luxurious little city car. In a discussion with Autocar, Bez is quoted as saying that the ultimate reason the Cygnet was cut is because Toyota plans on dropping the iQ (on which the Cygnet is based) in 2014 - a claim denied by the Japanese automaker.
Interestingly, the article also cites another publication reporting that a Toyota importer in the Netherlands heard the same news as Bez, and it has already stopped importing the cars. If the European Toyota iQ is cancelled, that would likely spell the end of the slow-selling Scion iQ in the US, which has sold just 3,365 units through September (a drop of 51 percent year over year).
Regardless of why production of the Cygnet ended, Bez also says that a lack of support from Toyota on the project prevented it from being offered in the US or receiving a supercharged engine, which are two factors that likely would have made the car appealing to more buyers.

Weekly Recap: Marchionne's Manifesto again calls for industry consolidation

Sergio Marchionne isn't taking no for an answer. Despite public rebuffs from General Motors and Ford, the leader of Fiat Chrysler Automobiles continues to push for consolidation within the auto industry. His latest assertion came Wednesday when he said a combination of FCA with another automaker could net savings of $5 billion or more annually. No, this isn't about selling his company, he claimed, it's about cutting costs. Put simply, the auto industry wastes money, Marchionne said during FCA's earnings conference call. Companies invest billions to develop basic components that all cars use, but many consumers don't care how they work or recognize the differences. "About half of this is really relevant in terms of positioning the car in the marketplace," he said. "The other half, in our view, is stuff which is neither visible to the consumer nor is it relevant to the consumer." In 2014, top automakers spent more than $100 million on product development, FCA estimated. Marchionne said consolidation could save up to $1 billion on powertrains alone, noting that almost every automaker offers four- and six-cylinder engines. Not everyone has to make their own, he contended. "The consumer could not give a flying leap whose engines we are using because they are irrelevant to the buying decision." That's pretty provocative for enthusiasts, but less so for average consumers. Still, there are major differences in power and efficiency ratings, even among similar engines. Skeptics could argue consolidation would also weaken competition and reduce choices for car buyers. Marchionne stressed his presentation, curiously entitled Confessions of a Capital Junkie, wouldn't require closing factories or dealerships. It's not his final "big deal" as CEO, intent to sell FCA, or a way to elevate his company up the automotive food chain. He claims he wants to fundamentally change the industry and its habit for burning cash. "The horrible part about this, and the thing that I find most offensive, is that the capital consumption rate is duplicative," he said. "It doesn't deliver real value to the consumer and it is in its purest form, economic waste." Other News & Notes Ford Profits dip in first quarter Ford profits fell $65 million to $924 million in the first quarter, hampered by slight dips in revenue and sales.