2001 Aston Martin Db7 Vantage Coupe on 2040-cars

Auto blog

Aston Martin to turn an air force base into a factory to build DBX crossover

To build its upcoming DBX luxury SUV, Aston Martin needs a new factory. A year ago, the British manufacturer announced having chosen the site of St. Athan in South Wales, and the former Royal Air Force base has now been officially handed over to Aston Martin. It's a part of a growth plan outlined by the carmaker, and the site was chosen from 20 potential ones all over the world, to accompany the existing manufacturing facility in Gaydon, Warwickshire. The two factories will create 1,000 new jobs by 2020, and Aston Martin will boost employment in Wales with a further 3,000 jobs across its supply chain and local businesses related to car manufacturing. The three hangars of the location will be converted into a car factory by 2019. The former military site was formally handed over from the British Ministry of Defence to Aston Martin by Secretary of State Sir Michael Fallon at a ceremony today, including Aston Martin President and CEO Dr. Andy Palmer, and Secretary of State for Wales, Alun Cairns and Welsh First Minister, Carwyn Jones. It's been a special day in Wales as conversion of #AstonMartinStAthan starts ahead of DBX production in 2019: https://t.co/9e6nqQiob4 pic.twitter.com/K6v3D3TPJd — Aston Martin (@astonmartin) April 6, 2017 "Due to its sheer size and scale, the St Athan Super Hangars represented an excellent opportunity for us to build our second manufacturing facility, within the envelope of an existing structure. It is perhaps fitting that St Athan is, like our headquarters and sports car factory at Gaydon, a former Royal Air Force base", says Andy Palmer. Related Video:

Aston Martin’s Valkyrie looks ready to melt ice in new photos

Aston Martin took to Instagram to release a trio of official images of its forthcoming Valkyrie hypercar bathed in a graduated, nose-to-tail ice blue color scheme befitting its mythological Nordic name and making it look sleek, fast and aggressive. Built from a partnership with Red Bull Racing, the Formula 1-inspired but road-legal car appears to have been further refined since we last saw comprehensive images of a prototype last year. CEO Andy Palmer last month tweeted a 20-second teaser clip to show off the high-revving, F1-like sound of its 6.5-liter V12 engine, which is loosely based on Cosworth's 2.4-liter V8 but rumored to hover above 1,000 horsepower, plus more from a kinetic energy recovery system working the front axle, making it likely the fastest street-legal production car. Taking inspiration from today's #F1 race cars, Aston Martin Valkyrie features a reclined 'feet up' position, ensuring the driver feels at one with the car for the ultimate drive experience #BeautifulToDrive #AstonMartin #AstonMartinValkyrie A post shared by Aston Martin (@astonmartinlagonda) on Nov 1, 2018 at 11:30am PDT The F1 influence is clear from the shot of the cabin, which is swathed in carbon fiber and where the seats are positioned in a reclined "feet up" position. It also features six-point harnesses for driver and passenger, and a steering wheel that will display all information for the driver. There are also two screens visible — one centered on the console, the other positioned near the door jamb, which is likely a camera-monitor replacement for side mirrors, meaning there's almost certainly a third screen on the driver's side that isn't visible in the photo. Motor 1 reports that the Valkyrie is in the final stages of simulation, with an actual car set to begin testing late this year or early in 2019, though the final version will likely weigh a bit more than its targeted 2,204 pounds. All 150 models have been sold out and are scheduled for delivery in 2019. A track-only Valkyrie AMR Pro said to make 1,100 hp and do a top speed of 225 mph is also planned for 2020. Related Video: Featured Gallery Aston Martin Valkyrie Image Credit: Aston Martin Aston Martin Coupe Luxury Racing Vehicles Performance supercar Red Bull Racing hypercar Aston Martin Valkyrie aston martin valkyrie amr pro

Aston Martin announces $306M in funding to build DBX, 'other new luxury vehicles'

Aston Martin has just gotten one step closer to building a crossover, as the British outfit has secured a 200-million-pound (about $306 million at today's rates) infusion of capital from its leading shareholders. The money will allow Aston Martin to develop "a new vehicle based on the DBX concept," although just how closely the production model will adhere to the concept's styling is unclear. Andy Palmer, the company's CEO, also hinted at other models being added, thanks to the funds. "This additional long-term funding, will enable us to add extra model lines and broaden our presence in the luxury market segment by the end of the decade. The DBX concept has generated interest far beyond our expectations," Palmer said in the attached statement. "The additional investment announced today will allow us to realize the DBX and other new luxury vehicles that will form the strongest and most diverse portfolio in our history." It's unclear what these "other new luxury vehicles" will include. Previous reports have indicated a Lagonda-badged replacement for the aging Rapide will be added to the range, although considering the age of the rest of Aston Martin's lineup, it's a safe bet that at least some of this money will also be put towards vehicles beyond the new CUV and sedan. Scroll down for the full press release from Aston Martin. Related Video: ASTON MARTIN LAGONDA ISSUES GBP200 MILLION FUNDING FOR PRODUCT EXPANSION • Investindustrial and Tejara Capital led a further GBP200 million in investment capital in the form of preference shares • Enables production of DBX luxury crossover, building on range of iconic luxury sports cars • FY 2014 revenues of GBP468 million and adjusted EBITDA of GBP66 million announced 30 April 2015, Gaydon: Aston Martin Lagonda today announced that with the leadership of its major shareholders, it has arranged additional committed funding of GBP200 million, enabling the 102-year old luxury sports car manufacturer to develop significant new luxury models that will drive the future of the company under its strategic business plan. The additional capital investment comes in the form of GBP200 million of preference shares; GBP100 million of which were issued on 29 April 2015 with the remaining GBP100 million – already subscribed for - to be issued in the next twelve months, and will further expand the previously announced investment plan. This major investment in new luxury models is at the core of Aston Martin's strategic vision.