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Aston Martin plans to keep the internal combustion engine alive beyond 2030

As it stands, Aston Martin will be banned from selling gasoline-burning cars in its home country in 2030. California lawmakers want to push internal combustion technology off the scene by 2035, but Aston Martin's chief executive doesn't think that pistons, valves, and fuel injectors will completely disappear even as bans come into effect. "By 2030, 5% of business will still always be ICE. I never see it going down to zero," predicted Lawrence Stroll, Aston Martin's chairman, during the Financial Times Future of the Car summit. He added that there is "always going to be enthusiasts" who will request a powerful gasoline-fueled engine, and who will be able to pay for it. If it's not delayed, loosened, or reversed, the United Kingdom's blanket ban on internal combustion engines will mean that any new gasoline-powered Aston Martin sold within the nation's borders will not be street-legal starting in 2030. Owners will presumably be allowed to drive them on private property, like race tracks, and companies like Porsche are ramping up their efforts to present synthetic fuels as a viable alternative to premium unleaded. Across the pond, no such ban has been announced by our federal government -- at least not yet. 2021 Aston Martin DBX View 40 Photos Aston Martin plans to keep investing in gasoline-powered engines in the coming years; if the technology is getting regulated into extinction, it's going out with a bang. Stroll announced that some of the company's future models will continue using engines built by Mercedes-AMG, but they'll be tuned in-house. "Our current AMG engines are just that: AMG engines in an Aston. With this new deal, we will have bespoke AMG engines for Aston with different outputs, torque characteristics, etc. They'll still be AMG components, but they'll be bespoke-manufactured in Germany," he announced. As it stands, the only engine the carmaker gets from its German investor and partner is a twin-turbocharged, 4.0-liter V8, which powers a wide range of models. Its portfolio also includes a V12 it designed in-house, and a new 3.0-liter V6 is under development. Engines aren't the only bits with a "made in Germany" tag that future Aston Martin models will receive, however. Stroll confirmed that AMG's upcoming plug-in hybrid technology will permeate the British firm's range, and he revealed that the first electric Aston Martin will use drivetrain components (like motors and batteries) from AMG.

Aston Martin boss says DBX is about securing the future

The Aston Martin DBX was a revelation when it debuted at the 2015 Geneva Motor Show. Not only did the concept evolve the British brand's traditional shape into a high-riding crossover coupe, there were electric motors to power each wheel. Just a few weeks ago, we learned that the company secured $306 million in funding to actually bring the DBX to production. Now, CEO Andy Palmer is talking about just how important the model is for the future. With the DBX moving into such a radically different segment than the rest of the lineup, the model gives Aston Martin the opportunity to go after a new group of customers. "You can't create enough working capital with just 7,000 cars a year whichever way you look at it. You've got to extend the portfolio somewhere, and I'd rather do this than sell caps and t-shirts," Palmer said to Auto Express, taking a slight dig at Ferrari. While Aston calls the DBX a crossover, its coupe-like lines don't look like any other vehicle in the segment, especially other high-style CUV attempts like the BMW X6 and Mercedes-Benz GLE-Class Coupe. Apparently, that differentiation is entirely on purpose. "We think there is a different space to the traditional SUV. Why? Because we make beautiful cars, and it's hard to make a beautiful SUV. It's hard to make a box beautiful," Palmer said to Auto Express. The production DBX will gain two more doors for the start of production in 2019, according to Auto Express. The high-performance electric powertrain will remain, though, and Aston will aim for a range of over 300 miles. Earlier reports also suggested that the CUV could be produced at a new factory in the US. Aston Martin isn't abandoning its performance legacy entirely, though. The DBX is just one part of Palmer's Second Century plan, and the other major pillar is replacing every model in the brand's lineup by the end of the decade. One of them has already been spotted testing. Related Video: The video meant to be presented here is no longer available. Sorry for the inconvenience.

Aston Martin to cut 15 percent of workforce

Aston Martin has announced it will slash nearly 300 jobs, or about 15 percent of its total workforce, as part of a cost-cutting bid. The changes aren't going to come on the factory floor, though. Instead, according to the Unite trade union, the majority of firings will involve white collar employees – administrators, managers, and the like – at the company's headquarters in Gaydon, England, Bloomberg reports. In an emailed statement to the business outlet, Aston Martin said eligible employees will be offered early retirement options. While Aston said there'd only be 295 employees released, Unite put the number at no more than 314. "Collective consultation with employee representatives, including Unite, has begun and the company is working with them to minimize the risk of compulsory redundancies," the union told Bloomberg. Aston Martin added that this move will have no impact on the company's production figures, although it's unclear what it could mean for future vehicles, like the production DBX and upcoming DB11. Related Video: