Aston Martin DB7, page #4

Aston Martin DB7 Price Analytics

About Aston Martin DB7

Auto blog

Aston Martin Bulldog gets another chance to wedge its way past 200 mph

Tell us if this sounds familiar: In the mid-1970s, Aston Martin decided it wanted to prove its engineering prowess by building a car that would hit 200 miles per hour, so company designer William Towns penned the Bulldog DP K9 concept; in 1980, Aston Martin test drivers took the Bulldog to 191 mph at the MIRA test track, but the company was short on cash, so when Victor Gauntlett bought a 10% stake in the company and became chairman in 1981, he canceled the Bulldog program. The company sold the car to a Middle Eastern collector in 1982, while Gauntlett engineered a sales recovery and Aston Martin's return to the James Bond franchise. Now, 37 years later, Classic Motor Cars (CMC) in Bridgnorth, wants to show off its new engineering facility and prowess, and it intends to do so with the Bulldog. CarBuzz picked up on the story that the concept's current owner sent the coupe to CMC for a nut-and-bolt restoration, expected to take roughly 18 months. After that, the Bulldog will take a run at its destiny, aiming for 200 mph, or even better, the 237 mph that Aston Martin engineers at the time said the car should do.      The Bulldog's ultra-wedge shape, stretched over 186 inches and just 43 inches high, could not have come from any other decade. A panel on the front lowered to reveal five square headlights, while giant gull-wing doors doubled the car's height when opened. The interior, matching the Towns-designed Lagonda Series 2, showed off LED lights, buttons and touchscreens. Designers put the 5.3-liter V8 from the front-engined "Oscar India" V8 Vantage into the middle of the Bulldog, then lashed two Garrett turbochargers on top, final output claimed to be 700 horsepower and 500 pound feet of torque. Shifting through a five-speed manual, the rear-wheel-drive, 3,814-pound coupe hit 60 miles per hour in 5.1 seconds. If the Bulldog had achieved its target, it would have been the fastest production car in the world. The plan was to build up to 25 units for sale, which would pay for development costs said to exceed 1 million pounds at the time. The restoration will return the concept to its original state, CMC's managing director adding that it "may include modern components and technology to improve the car's reliability." The original car, for instance, didn't have side mirrors; those were supposedly added by the Middle Eastern collector. The original was gray and white, not green, had a black interior instead of tan.

Aston Martin CFO departs as stock hits a record low, losses deepen

LONDON — Aston Martin shares slumped to a record low on Thursday after the British luxury carmaker said its losses ballooned last year and its chief financial officer would leave by the end of April. The firm, famed for being fictional agent James Bond's car of choice, posted a pretax loss of 104 million pounds ($135 million) last year compared with 68 million pounds in 2018 following a 9% decline in sales to dealers. Aston Martin is in the midst of restructuring after announcing last month that a consortium led by Canadian billionaire Lawrence Stroll would buy up to 20% of the company and existing shareholders would inject more cash. Its shares, which were listed in October 2018, have been on a steady downward trajectory ever since and hit a record low of 328 pence following the announcements on Thursday, more than 80% lower than their flotation price. "The big difference between last year and this year is the strength of the balance sheet," Chief Executive Andy Palmer told Reuters. "We're in a very different place and have therefore an ability to properly ... destock and that means get the balance right between supply and demand." Chief Finance Officer Mark Wilson will step down from his role no later than April 30 but had not been fired, said Palmer. Coronavirus impact China, Aston's fastest growing market, was a rare bright spot last year with sales rising 28% but the company, like the rest of the industry, has seen demand drop due to the coronavirus outbreak. The virus has infected more than 80,000 people and killed about 2,800, the majority in China, confining millions to their homes, disrupting businesses and delaying the reopening of factories after the extended Lunar New Year holiday break. Aston has seen disruption to the arrival of certain parts but said it had not had to stop production at its factories, with components secured until at least the end of March because it has no direct suppliers in China. "Since almost the first weeks of the New Year we've had issues with those Tier 2 and Tier 3 (suppliers) which have meant that our supply chain guys have had to be on it constantly," said Palmer. "We're ironically benefitting from the fact that we built up a Brexit stock," he said, in a reference to extra components the firm held in case Britain's departure from the European Union led to additional delays in the movement of goods.

2021 Aston Martin DB11 Shadow Edition gives the V8 model some exclusivity

The entry-level 2021 Aston Martin DB11 with its Mercedes V8 is a very good sports car, and in some ways arguably better than the V12 versions, but it does lack some of the specialness of those with the most cylinders. Seemingly on cue, Aston Martin is bringing out a limited production DB11 Shadow Edition that's only available with the V8 engine. What sets it apart from other DB11s is that it gets lots of black trim. The exterior features darkened head- and taillights, gloss black wheels and hood "blades," and black chrome badging. The interior is finished in black leather and Alcantara with black anodized sill plates. The upholstery stitching is also matched to the brake calipers and can be had in gray, red or yellow. The Shadow Edition is available in coupe and convertible forms, but only with six color choices. For this lightly customized DB11, buyers will fork over $222,600, which is more than $20,000 more than a base V8 model. That's a lot of money for black trim, but customers are also getting exclusivity. Only 300 of these Shadow Editions will be sold globally. If you have the means and the desire for a limited production DB11, Aston is taking orders now. Related Video:    

DBX goes black tie with Q by Aston Martin

Aston Martin won't begin delivering its new DBX to customers in North America until the latter half of this year. Perhaps as a favor to DBX intenders that haven't placed orders yet, Q by Aston Martin has prepared a bespoke DBX for the Geneva Motor Show that presents a sliver of the creative possibilities unlocked by working with Q. The near infinite menu of choices has been broken down into two groups, Q by Aston Martin Commission and Q by Aston Martin Collection. Collection fits a range of predesigned accessories like carbon fiber paddle shifters or hood vent louvers for the DBS Superleggera. The Commission range encompasses all the imagination that a customer's bank account can fund. The Geneva show car wears Satin Xenon Grey paint from the Collection, as well as carbon fiber pieces around the lower exterior, black anodized tread plates and plaques on the sill. The 22-inch gloss black painted wheels come from the Commission department. The grand showcase comes inside the DBX vault. Yards of Obsidian Black Leather come from the SUV's standard options list. Commission stewards designed the satin chrome aluminum trim and jewelry as an entree, all milled from a solid ingot of the shiny stuff and finished with a special diamond pattern. They followed that up with a custom technique for the carbon fiber floating center console, door trim, and luggage floor. Craftsmen laid up 280 layers of carbon fiber, cured it for 12 hours, then put five-axis milling machines to work for 90 hours to create the necessary shapes. The finish on the cabin pieces reflects the strata of the hand-laid layers, while the span protecting the luggage floor comes from a single sheet of herringbone-pattered carbon fiber. Raised metal and rubber welts help protect the load floor finish and prevent cargo sliding to and fro.  The standard DBX starts at $192,986 after destination. A Q by Aston Martin DBX will, naturally, cost a touch more. Related Video:    

Prince Charles visits Aston Martin with his Aston, helps build a DBX, draws tabloid ire

A very British thing happened this week: Prince Charles visited Aston Martin's new factory in St. Athen, driving there in his own Aston Martin. He took his DB6 that over a decade ago was converted to run on waste wine (yes, really) and was used in William and Kate's wedding. His visit included touring the new factory that will build the 2020 Aston Martin DBX, as well as talking with Aston's apprentices. A plaque was placed to commemorate the visit. Aston also let him put the finishing touch on a DBX, placing the front badge. The bad news is, no one will be able to say their DBX was partly made by royalty, as the car Prince Charles finished was a pre-production model. The good news is that customer DBXs will have their badges applied professionally, and while Prince Charles' badge placement skills may be fine, we trust the pros to ensure secure and aligned fitment. Maybe we shouldn't pile on, after all, Prince Charles attracted the ire of a British publication called Express. The tabloid secured footage of Charles pulling up to the factory in the DB6, and proceeded to deride a lack of turn signal and clipping the center line while making the turn. Of course if you watch the video yourself, you'll see that, yes, he did fail to signal, but otherwise his turn seemed entirely boring and inoffensive. We at Autoblog see vastly worse driving on a daily basis, so we think the tabloids ought to cut Charles a break on that turn.

Aston Martin spars with WEC over Valkyrie's exit from racing

Confirming an earlier rumor, Aston Martin announced it has stopped developing the track-going version of the Valkyrie it planned to enter in the World Endurance Championship's (WEC) new Hypercar category. It blamed its decision on a recent change in the regulations, but the sanctioning body responded that's not the full story. The British company explained it's unhappy with the WEC's decision to harmonize the Hypercar class with the LMDh category and the WeatherTech Sportscar Championship during the early 2020s. Without providing additional details, it declared the Valkyrie will not make its racing debut at the Silverstone track in August 2020 and it will not challenge Glickenhaus, Toyota, Peugeot and others in the 2021 edition of the 24 Hours of Le Mans. It added it's considering canceling the program altogether, meaning the Valkyrie would never race. Aston Martin isn't quitting racing; far from it. It will continue to enter the Vantage GTE in WEC events around the world, and the Racing Point Formula One team will be rebranded Aston Martin after the 2020 season. The sudden and unexpected entry into Formula One led by investor Lawrence Stroll may have played a role in convincing executives to cancel the Hypercar program. Racing is expensive, and Aston isn't doing well. The Federation Internationale de l'Automobile (FIA) that regulates the WEC doused cold water on Aston's explanation. It opined the harmonization doesn't impact the category, and it pledged to prove this claim when it releases additional technical specifications in March 2020. It instead blamed the decision to withdraw the Valkyrie from racing on the highly-publicized financial issues that have plagued Aston since 2019. "The decision announced by Aston Martin is very regrettable but perhaps not unexpected in light of the persistent rumors over the last six months concerning the fragility of the brand's exposure in the rapidly-evolving automotive market," it wrote. As of writing, executives haven't responded to these allegations. Aston Martin and the FIA both noted they're open to working with each other to find a solution, but the carmaker's statement is highly ambiguous. It affirms Aston's future presence in the racing world will be "defined by its activities at the highest level of both single-seater competition and endurance GT racing" and glaringly leaves the Hypercar category behind. To us, it sounds like the program has already been consigned to the attic.

Aston Martin is building eight Valkyrie prototypes, here's the first trio

Aston Martin and Red Bull Racing are still developing the high-performance Valkyrie supercar, and recently, Formula One drivers Max Verstappen and Alex Albon were given the opportunity to test out the prototypes. Verstappen and Albon were given the reins to verification prototype 1 (VP-1), while never-before-seen VP-2 and VP-3 lapped Silverstone at the hands of Aston Martin test driver Chris Goodwin and Aston Martin Racing World Endurance Championship drivers Darren Turner and Alex Lynn.  After publicly unveiling VP-1 at the 2019 British Grand Prix, Aston Martin recently brought two new verification prototypes into the fold. Aston Martin has been using the Silverstone circuit near Northampton, England, for its testing process, and it seems that will continue for the rest of the verification prototypes. In total, Aston Martin will build eight.   Aston Martin collects data and observations not only from its own test drivers and engineers but from its professional drivers too. For Albon, it was his first time seeing the car in person. In a press release, Albon offered some details about how the car will position itself to its customers.  "Obviously there’s still some development to do, but already it feels very good, especially the balance between the corners," he said. "ItÂ’s light; it feels sharp. Sure, compared to an F1 car, youÂ’re missing the outright downforce, but you still feel the Gs in the corners and it definitely reacts closer to an F1 car than a normal road car."  Aston Martin plans to have the Valkyrie tuned and ready for customers in the coming months, but don't expect deliveries to begin until the second half of the year. In related news, Road & Track cites a Racer report that says Aston Martin will pull back from its intentions to race the Valkyrie in the 2020–2021 World Endurance Championship and Le Mans. The report, which says a formal announcement is coming February 19, comes shortly after news that Aston Martin received an investment from Canadian billionaire Lawrence Stroll. 

Aston Martin Vantage Roadster goes fast, and so does its roof

Two years after the hardtop Aston Martin Vantage redefined the Vantage nameplate yet again, the coupe has dropped its top. Below the shoulder the Vantage Roadster holds true to nearly everything that compelled us to label the coupe "a significant milestone." Above the shoulder, a fabric top envelops an "ultra-compact" Z-frame that drops in 6.7 seconds and unfurls in 6.8. The carmaker says it's the fastest fully electronic mechanism out there, and operates at speeds of up to 31 miles per hour. Thanks to the frame's compact design, the car's lines don't differ much from the hardtop. Nor do the performance specs: The convertible gains 132 pounds over the fixed-roof, needs 3.5 seconds to hit 60 mph instead of 3.5, and maxes out at 190 mph, five miles per hour less than the coupe. Losing the rear hatch takes a bit out of luggage space, though, which declines from 12.4 cubic feet to seven. Aston Martin says the cubby will still swallow a full-sized golf bag and related paraphernalia. The Mercedes-AMG-sourced 4.0-liter twin-turbo V8 delivers the full 503 horsepower and 505 pound-feet of torque. Engineers tuned the suspension, differential, driving aids, and driving modes specifically for the convertible. The carmaker has made its seven-speed manual transmission newly available on the coupe this year — it was offered previously only on the Vantage AMR — but the droptop is barred from the row-your-own party. The Vantage Roadster sticks with the ZF eight-speed automatic. Convertible buyers can avail themselves of other additional kit introduced this year to celebrate 70 years of the Vantage name, said first applied to a more powerful version of the 1951 DB2 called the DB2 Vantage. The potential extras include Aston Martin's historic vane grille as well as new wheel designs. Deliveries begin in Europe during Q2, U.S. shoppers can expect summer delivery. Pricing starts at $161,000, an $8,000 premium over the coupe. Related Video:    

Aston Martin's lifeline buys carmaker time as SUV hits road

Canadian billionaire Lawrence Stroll and investors have rescued Aston Martin with a 500 million pound cash injection that analysts say will help stabilize the British carmaker whose first sport utility vehicle (SUV) is set to hit the road. Stroll agreed to buy up to 20% of the 107-year-old company and will become executive chairman of James Bond's automaker of choice, which has gone bankrupt seven times in its checkered history. A consortium led by Stroll will invest 182 million pounds($239 million), whilst major existing shareholders - primarily Italian and Kuwaiti private equity groups - will be part of a rights issue to raise 318 million pounds. "It likely gives them enough liquidity to tide them over for a couple of years," said Charles Coldicott, Redburn equity research analyst. Outgoing chairwoman Penny Hughes, who will be replaced by Stroll, spelt out the degree of trouble the firm has been in after core sales fell last year. "The difficult trading performance in 2019 resulted in severe pressure on liquidity which has left the company with no alternative but to seek substantial additional equity financing," she said. "Without this the balance sheet is not robust enough to support the operations of the group." Now Aston will need to turn the financial lifeline into part of a sustainable plan as it delays investment in electric vehicles and cuts its operating costs. A key future milestone includes around 1 billion pounds worth of debt due to mature in 2022. The company also suffers from lower gross margins than rival Ferrari, according to analysts at Jefferies, who have said scaling up is just as important as extra capital. Key to the company's success is its first foray into the lucrative SUV market, a late entrant compared to many rivals such as Volkswagen-owned Bentley and BMW's Rolls-Royce. Aston has built a new factory in Wales to make the model, known as the DBX, which it hopes will attract more women to the brand and some buyers to purchase both it and a vehicle from its traditional line-up. With the DBX model not due to roll off the production line until the second quarter of this year, the firm has taken the cost with only some of the benefit so far. Based in central England, Aston said earlier this month that it already had around 1,800 orders for the car which will retail for 158,000 pounds in Britain, a "materially better" rate than for any previous models.

Canadian billionaire Lawrence Stroll leads $240 million Aston Martin investment

After months of rumors and speculation, Canadian billionaire Lawrence Stroll confirmed he led the purchase of a 16.7% stake in Aston Martin for GBP182 million ($239 million). The investment is part of a GBP500 million ($656 million) round of emergency funding that will help the British automaker overcome serious financial challenges. Yew Tree Overseas Limited, a consortium of international investors led by Stroll, built its stake by buying 45.6 million new ordinary Aston Martin shares on the London Stock Exchange, according to Autocar. Aston Martin raised the remaining GBP318 million ($417 million) by giving existing investors the opportunity to buy more shares, the BBC learned. It's not a full bailout, but it's close. Aston Martin ended 2019 in dire financial straits. Stroll will replace Penny Hughes as Aston Martin's chairman; CEO Andy Palmer is expected to keep his job. Several sources confirmed the Racing Point Formula One team owned by Stroll will be rebranded Aston Martin after the 2020 season, and Autocar reported the company will quickly need to eliminate jobs and slash costs. "The difficult trading performance in 2019 resulted in severe pressure on liquidity, which has left the company with no alternative but to seek substantial additional equity financing. Without this, the balance sheet is not robust enough to support the operations of the group," Hughes admitted in an interview with the BBC. Stroll's' appointment to the Aston Martin board comes as the company prepares to overhaul its product plan. It notably confirmed the rumors claiming it put the battery-powered Rapide project on the back burner until further notice, and it delayed plans to revive the Lagonda nameplate on a series of extra-luxurious electric vehicles until after 2025. The first car was originally scheduled to reach the market in 2022, but the battery technology is expensive to develop, and Aston must save about 10 million pounds (around $13 million) annually. The firm will instead focus on mid-engined sports cars. Still according to Autocar, it will begin delivering the 1,160-horsepower Valkyrie hypercar this year, and it's on track to launch the Valhalla in 2022. The Vanquish will go mid-engined shortly after. Delaying electric cars doesn't mean abandoning electrification, and Aston Martin hopes to release "a fuel-efficient, modular V6 engine with hybrid capabilities" by the middle of the 2020s.