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Aston Martin losses shrink, still amount to nearly $10k per car

Aston Martin's current lineup may be the best it's ever been, but that doesn't mean the automaker is making money off its Vantage, DB9, Vanquish and Rapide dream machines. In fact, the company lost $41 million in 2013, but that pretax figure is actually a third lower than in 2012. Revenue was up a promising 12.6 percent, according to Reuters. The Kuwaiti-owned British manufacturer blames its losses on the still troubled global economy, acknowledging that it's seen a small recovery in the ultra-high-end segment of the market. Global sales were up from 3,800 to 4,200 in 2013. To put it all in perspective, $41 million in losses on 4,200 units works out to around $9,700 lost per vehicle sold. That's no way to run a railroad. While the company's CFO, Hanno Kirner, told Reuters the company is hoping for a big bounceback by 2016, Aston's fortunes in the United States remain uncertain due to a new federal side-impact standards. The company has filed for exemption, although the jury is still out on the success of that petition.

LeTV's SEE Project will introduce new EV in Shanghai

It's very unlikely that many people here in the states will have heard of Beijing-based LeTV. Aston Martin, on the other hand? That's pretty stylish company. LeTV is working on an electric-vehicle project called SEE (Super Electric Eco-system). The concept version is slated to debut at the Shanghai Motor Show next April. LeTV says that that same month, the car will "roll of the production line," as well. That sounds awfully optimistic, to us, but we'll just leave that alone for now. The racing-car-shaped vehicle, which will have "high- and low-powered" versions, is about 11'5" long and 5'4" wide. That's about a foot shorter and a few inches narrower than a Mini Cooper. The twist, such as it is, comes from the fact that LeTV says it will develop the model with the help of both Aston Marin and BAIC Motor Corp., which adds a shade of legitimacy to the project. Aston Martin is in the process of launching its battery-electric Rapide sedan, which will have 800 horsepower and a 200-mile single-charge range, so that would ostensibly be a competitor to Tesla. The Rapide EV could run as much as $250,000. As for BAIC, is has been looking to expand its role in the plug-in vehicle sector since 2009, when it debuted a division called Beijing New Energy Automotive Co. Just last month, BAIC opened an electric-vehicle research and development center in California's Silicon Valley, the company's first outside China. You can take a look at LeTV's press release below. LeTV Partners With Aston Martin to Deliver Next Generation Electric Vehicles BEIJING and BANGALORE, October 6, 2015 /PRNewswire/ -- The most significant (monetarily) deal that came out of Angela Merkel's visit to India was that of a Euro 1 billion solar power fund solidifying India's stance to develop 100GW solar capacity by 2022. These are positive moves in a time when the focus on the effects of climate change are intensifying and how economies across the globe decide to combat the effects of it. One particular way in which India could benefit hugely from alternative fuels is from the perspective of vehicles. The nation recently joined the Electric Vehicles Initiative, a forum for global cooperation on the development and deployment of Electric Vehicles (EVs). With an interest in the Indian market, LeTV, a multinational company based in Beijing, announced its electric car plan on December 9th, 2014, when its founder, Mr.

Aston Martin DB11 spied in production sheetmetal

Aston Martin has taken yet another step toward debuting its long-awaited replacement for the DB9, the DB11, ditching the heavy, obstructive plastic cladding for production sheetmetal and stick-on camouflage. The move gives us our best look yet at the automaker's next volume grand tourer. Opinions on whether or not this new car gets its inspiration from the DB10 featured in the James Bond film Spectre are divided. From what we can tell, the profiles are virtually identical between the cinematic machine and this DB11 mule, and it looks like the DB10's thin taillights sit in larger cutouts below a similarly shaped trunk lid. The DB11 does look to get some kind of spoiler, though, and it may even be a pop-up item, neither of which were featured on the Bond car. The biggest differences between the movie coupe and the road car are found on the front end. The headlights are certainly larger and have had their shape tweaked. They now run further up into the fenders, giving just a hint of Ferrari F12. Even so, they're still unmistakably Aston Martin units. That's also true of the grille, which ditches the concept-spec single element on the DB10 for a more conventional upper and lower unit. We have no explanation for one element, though. Look closely at the C-pillar, and you'll notice what looks almost like some kind of vent. Our spies argue that it's an aerodynamic item, like you'd see on the C-pillar of a BMW i8, but we aren't sure. Were it a pure aero aid, we'd expect to be able to see through the other side, like you can with the i8 or something like an Air Curtain. Instead, it could be some kind of air intake for cooling. That's just conjecture, but it's not unreasonable. But what's under the hood? Our spies did some digging and doubt that it's Aston's traditional 6.0-liter V12. Instead, registration data for the prototype shown above lists its engine displacement at 5.2 liters, with our spies claiming forced induction will be used. It's not clear if this engine is a product of of Aston's relationship with Mercedes-AMG – the only V12 you'll get from the Germans is a 6.0-liter twin-turbo, while it also sells a 5.5-liter, twin-turbo V8 – but it seems like a possibility. Check out the spy shots up at the top of the page for the full battery of spy images. Related Video: