Oprah Winfrey 1997 Aston Martin Db7 Volante Convertable on 2040-cars

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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.

The only road-legal Aston Martin Vulcan dressed up in bomber camo for Gumball

The Gumball 3000 is to cars what the Met Gala is to fashion. Whereas Gala guests are flexing their money with outrageous outfits and costly designer customs, Gumball participants show off with expensive and rare vehicles covered in eye-popping temporary skins. One of the biggest stars at the 2019 Gumball 3000 will be the only road-legal Aston Martin Vulcan in the world. This year, the Gumball 3000's path takes drivers from Mykonos, Greece, to Athens, Greece, to Thessaloniki, Greece, to Tirana, Albania, to Porto Montenegro, Montenegro, to Split, Croatia, to Venice, Italy, to Monaco, to Barcelona, Spain, to Ibiza Town, Spain. Approximately 114 teams will be participating in the ostentatious party rally, and few will have a car more special than the Vulcan. YouTube personality Mr. JWW will be behind the wheel of the Team 106 car, which is wearing a slick camo look that is inspired by the Avro Vulcan bomber used by the Royal Air Force (and featured in the James Bond movie Thunderball as another point of reference). JWW will also be joined by G. Stepanovs and S. Tompkins. Of the 24 Vulcans made, the one you see here is the only road-legal version of the bunch. In the video above, JWW shows exactly what makes it capable of driving on public roads. The mods include Michelin Pilot Sport Cup 2 tires, an increased ride height, a different front splitter, a revised radiator, removed steering lock stops, revised steering rack, and an altered rear wing. The biggest adjustment is the addition of proper headlights, which give the Vulcan an entirely new front-end style. Aston Martin changed a few minor things inside, as well. Check out all of the features in the full video above, and watch the JWW and Gumball 3000 social channels this weekend and next week for ongoing rally coverage. View this post on Instagram A post shared by Gumball 3000 (@gumball3000) on Jun 7, 2019 at 6:43am PDT

New Bond car nets Xcar Aston Martin retrospective

Well, there's something to be said for timing. With the announcement that MI6 Agent James Bond would take the wheel of the all-new Aston Martin DB10 in his next film, Spectre, Xcar has taken a look back at 007's most iconic vehicle – the DB5. There's also something about some such special edition Vanquish, but it all kind of pales in the glory of the iconic DB5. Okay, so it's not just some special edition Vanquish. It's the gorgeous Centenary Edition, a limited run of just 100 cars – one for each of Aston Martin's history – that's been adorned inside and out with a number of premium touches. In the other corner, though, there's the real subject of Xcar's latest video. This stunning example of the DB5 only gets puttered around a parking garage, but that doesn't make it any less beautiful. Take a look.