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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.

Aston Martin says Alabama is 'obvious choice' for US plant

Aston Martin is gearing up to be the next foreign automaker to build an assembly plant in the United States – and it looks like it'll be in Alabama. Speaking with Automotive News Europe, company CEO Andy Palmer said that he and his team will make a decision on the prospect of building its second factory, and that the Yellowhammer State was the "obvious choice" for its location. The possibility first came up on our radar last month, after Aston reportedly held discussions with representatives of state governments in the South. The plant would be earmarked to handle production of the DBX. Slated to be the company's first crossover, it was previewed in concept form at the Geneva show in March. "Our principal customers will be in the United States and China," Palmer said to ANE. However, the US would apparently be preferable to building a plant in China, from which it would be more difficult to export vehicles to other markets and where Aston would need to form a joint venture with a local manufacturer. The prospect of building its plant in the same state where Mercedes builds its SUVs would offer certain advantages as well: Aston has inked a deal with the German automaker to supply some systems and components. The British automaker has also long-been rumored to be considering building a crossover based on the same platform as the GL-Class (soon to be redubbed GLS), although that may or may not take the form of the DBX. Aston Martin is working toward ramping up production from the 4,000 units it sold last year to as many as 15,000. "If we went to three shifts" at the current plant in Gaydon, said Palmer, "we would be at 15,000 a year, so theoretically we could do it but you'd have no room for stoppage for maintenance. Related Video:

Aston Martin One-77 designer gives back to teacher who changed his life

It's a pretty fair bet that we've all had "that" teacher. The educator that stood out above all the others while we were in school and not only taught us, but made us into a better person – our very own Mr. Feeny, Mr. Belding, Mr. Holland or even Mr. Miyagi. The Windsor Star has the story of one such teacher and her troubled student that went on to help design some of the most desirable cars in the auto industry. Karlene Berry spent 30 years as a teacher, and among her many, many students is Michael Lehti, the product of a broken home and self-described has having "never been the greatest academic." What Lehti could do, though, was design cars. With the help of Berry's class, he overcame his early obstacles and went on to work with the design team on the Aston Martin One-77 (pictured above) and the RUF CTR3, among other vehicles. With Lehti and Benson's old school closing, the pupil reached out to his teacher 32 years after graduation to say "thanks" and pay tribute for her impact on his life. Head on over to The Windsor Star, and check out this inspiring story. Featured Gallery Aston Martin One-77 News Source: The Windsor StarTip: Mike Read This Aston Martin aston martin one-77