We construct exact cosmological scaling solutions in N=8 gauged supergravity.
We restrict to solutions for which the scalar fields trace out geodesic curves
on the scalar manifold. Under these restrictions it is shown that the axionic
scalars are necessarily constant. The potential is then a sum of exponentials
and has a very specific form that allows for scaling solutions. The scaling
solutions describe eternal accelerating and decelerating power-law universes,
which are all unstable. An uplift of the solutions to 11-dimensional
supergravity is carried out and the resulting timedependent geometries are
discussed. In the discussion we briefly comment on the fact that N=2 gauged
supergravity allows stable scaling solutions.Comment: 17 pages; referenced added, reportnr changed and some corrections in
section