09 Aston Martin Db9 Volante Convertible 2-door 6.0l Ken Lingenfelter Collection 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.

Aston Martin DB11 stuns in leaked official images

The Geneva Motor Show officially kicks off when the world's press descends on the Palexpo this Tuesday and Wednesday, but we'd entertain an argument for a Monday kickoff. That's when Volkswagen will host its enormous Group Night event (so check back tomorrow afternoon for all the latest). But lazy Sunday evenings? No, that's for watching The Walking Dead. And, you know, looking at leaked images of cars meant to debut on Tuesday or Wednesday. So if, like us, you're taking a break from walkers, check out the new Aston Martin DB11. In news that isn't really news, it's gorgeous. The images, published by Carscoops, show a car heavily inspired by the DB10 concept car from the latest James Bond movie, Spectre, but it's designed for the real world. Things like crash zones, headlight regulations, cargo space, and even an opening hood all take their toll on the style of 007's latest ride, but the resulting coupe is still a beauty. We can see elements of the One-77 hypercar, especially in the rear window, quarter window, and haunches. But the roof and its silver arches, are all DBX Concept. Up front, there's much more in common with the DB10. The grille and headlights are unsurprisingly larger, with the former likely dictated by the need to cool the 5.2-liter, twin-turbocharged V12 and the later due to your basic headlight size requirements. And the wheels? Those are more or less plucked right from the Bond car. Look for the entire array of official images and details, including live shots from Geneva, later this week. Until then, have a look at the leaked shots from Carscoops. Related Video:

The Windsor Castle Concours d'Elegance in pictures, courtesy of Bentley

Bentley went to the Windsor Castle Concours of Elegance as the main sponsor and showed off six of its best among the gathering of "60 of the finest motor cars in the world," including the 4¼-liter Bentley 'Embiricos' Special built for a Greek shipping magnate and gentleman racer in the 1930s.
Even better, for us at least, is that when Bentley decided to capture the moment it took pictures of most of the metal on the lawn, not just the Bentleys. Thanks to that, we have a high-res gallery that's home to rarities like the Vauxhall 30-98 Type OE Boattail Wensum Tourer, beauties like the Bugatti Type 57S Atalante, long-tail Ford GT40, Maserati Tipo 60 Birdcage, Aston Martin DB4GT Zagato, a sinister Ferrari 250 GTO and the even more sinister Rolls-Royce Phantom Aerodynamic Coupe, among others. All you need to do now is click and enjoy.