1997 Aston Martin Db7 on 2040-cars
Poway, California, United States
VIN (Vehicle Identification Number): scfaa2127vk101014
Mileage: 32000
Model: DB7
Make: Aston Martin
Number of Seats: 4
Exterior Color: Green
Aston Martin DB7 for Sale
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Aston Martin Vantage gets fresh new nose from Revenant Automotive
Wed, Jun 10 2020BMW's second-generation 4 Series has become the poster child of the shift towards oversized grilles, but Aston Martin jumped on this bandwagon before many when it revealed the current-generation Vantage in late 2017. Its wide, low grille continues to split opinions in 2020, and a British engineering firm thinks it has a better solution. Revenant Automotive redesigned the Vantage with a smaller, subtler grille. It's mounted higher on the front fascia than the original car's, it has black horizontal slats, and it's shaped like a grille Aston's designers could have drawn in-house. It doesn't look aftermarket, which is highly unusual in this corner of the industry. The twin-turbocharged, 4.0-liter V8 engine still needs air to stay cool, so stylists chiseled an air dam into the bottom part of the bumper and concealed it with black trim. The end result is a cleaner, more low-key look. Aston Martin integrated the Vantage's grille into its bumper, so installing Revenant's new-look part is relatively straight-forward. The transformation requires removing the original bumper, probably selling it on eBay for a hefty sum, and bolting on the new one. There is no cutting, sanding, welding, taping, gluing, or riveting required. Revenant's redesigned Vantage bumper is on sale now in the United Kingdom, and it can be shipped to the United States, though the company told Autoblog pricing depends on how it's configured. It's hand-made, and it's available in exposed carbon fiber at an extra cost. Looking ahead, the firm plans to expand its range of aftermarket Aston Martin parts by branching out into paint work and trim pieces, among other areas. It told us it's even planning on redesigning the car's rear end, though it's too early to tell what it will look like yet. Related Video: Â Â Â
Bond, junk bond? Aston Martin financial ratings go south as it awaits DBX
Sat, Sep 28 2019Ratings agencies Standard & Poor's and Moody's have taken a dim view of Aston Martin Lagonda. S&P cut its credit rating on the storied carmaker deeper into junk territory this week, and Moody's revised its credit outlook to "negative" after the company raised $150 million in debt from a bond issue at 12% interest, with the option to raise another $100 million at 15%. The Standard & Poor's rating was trimmed by one notch to 'CCC+', which reflects substantial risks and takes it close to default territory after a faster-than-expected cash burn this year. The outlook is negative. The negative outlook reflects ongoing pressure on profits, a high cash burn, and very high leverage in the face of heightened risks linked to a potential no-deal Brexit and new tariffs on car imports threatened by the United States. The potential salvation for the company is its new DBX luxury SUV, the success of which is critical to its ambitious growth strategy and ongoing creditworthiness, S&P said. But Moody's noted that it's burning cash at a high rate as it nears the launch of the DBX. The British carmaker, known as James Bond's favorite marque, has been hit by falling demand in Europe, the Middle East and Africa. It slumped to a first-half loss in July. Chief Executive Andy Palmer said concerns around Brexit and U.S.-China trade relations were skewing the outlook to the downside, so it was prudent to address investor concerns about its balance sheet. "Taking this debt on — short-term debt — is we think the correct tool to completely remove that thesis that we don't have sufficient liquidity," he told Reuters. "In every substantial and material way, this ensures that we can get through to DBX in spite of what all of those global uncertainties might throw at us." The main tranche comprises notes with an interest rate of 12% due in 2022, while the additional notes could be issued under the same terms if permitted, or could be issued as unsecured notes with an interest rate of 15%, Aston Martin said. Shares of stock in the company, which have had a precipitous fall since they listed in London in October 2018 at 19 pounds, were trading down 5% at 545 pence in early deals. Broker AJ Bell said Aston Martin was known for its high end prices and that situation now also applied to its debt. "These rates are very high and are a major red flag that investors consider the car company to be a high risk entity," it said.
Aston Martin and Mercedes-AMG formalize technical partnership
Thu, 19 Dec 2013The development of a partnership between Mercedes-Benz and Aston Martin has been a long time coming. The news dates back to 2008, and over the five years since was supposed to lead to a rejuvenation of both the Maybach and Lagonda brands. That program ultimately fell apart, but the tie-in was forged afresh in July when the two automakers signed a letter of intent over a renewed partnership. And now that partnership has been formalized.
In a deal just announced, Mercedes-AMG will build a new V8 engine for Aston Martin that will power a new generation of luxury GTs for the British marque, presumably to replace the 4.7-liter V8 in the Vantage. The relationship appears to be similar to the one already in place between AMG and Pagani, only in this case, will involve Daimler taking as much as a five-percent stake in Aston Martin and an observer seat on Aston's board.
The technical partnership is also set to lead to the supply of electric and electronic systems, and could incorporate "additional areas of cooperation in the future." Whether that will include a fresh attempt at reviving Lagonda remains to be seen, as does the future of Aston's long-serving, Ford-based 6.0-liter V12 engine. But for now you can read the full announcement below.