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So we think the Aston Martin DB11 Volante is coming in Spring 2018

Most automakers go out of their way to disguise new cars. There's camouflage and body cladding and if a spy photographer does get close enough to get a snap, engineers usually greet them with certain hand gestures. Aston Martin is not most automakers – instead of hiding the new DB11 Volante, it headed to the Arctic Circle in an undisguised car with a "DB11 – Opening Spring 2018" sign on each door. Subtle, guys. The new images of the droptop DB11 should assuage the emotions of critics of the hardtop model's odd roofline. The addition of a fabric softtop improves the car's look immeasurably, giving it a much more conventional profile. Where the sloping, floating roof on the DB11 coupe fights for visual attention with the rear haunches, the convertible top is innocuous, blending in favorably with the strong line over the rear wheels. We can't wait to see this car with its roof down, because it will look stunning. But as is the case with most convertibles, the roofline is the only place where changes happen. Below the beltline, the Volante shares its fascia and, rather unfortunately its weird side vent, with the hardtop model. And of course, the droptop is also sharing its engine with the coupe. We expect the same 5.2-liter, twin-turbocharged V12 and eight-speed automatic when the DB11 Volante debuts. Normally, this is the point in a spy photo story where we'd speculate about when and where a new car will debut. But since Aston Martin helpfully scrawled part of that info on the side of the car, it's not really necessary. The Aston Martin DB11 Volante will debut in spring of 2018, a period that lines up neatly with the Geneva Motor Show. Related Video:

Aston plans Tesla-fighting 800-hp electric Rapide

Aston Martin is taking direct aim at the top versions of the Tesla Model S with a plan to launch a battery electric Rapide sedan boasting 800 horsepower, all-wheel drive, and a 200-mile range within the next two years. Company CEO Andy Palmer confirmed the vehicle's development to Automotive News during the Pebble Beach Concours d'Elegance. A test mule to engineer the powertrain was already on the road, Palmer asserted. The electric Rapide would join the internal combustion version, rather than replace it, and the BEV would likely remain a niche product with just a few hundred per year carrying a price between $200,000 and $250,000. Palmer indicates the model would prioritize performance. "I think that the fact that you could drive a few laps of a decent race course or race it around the Nordschleife is much more interesting than doing 500 meters in Ludicrous mode," he said to Automotive News, taking a swipe at Tesla's latest upgrade. Palmer has referenced the electric Rapide before. Earlier this year, he said that power would be a major priority for it. Aston Martin has also received help on the project from an undisclosed Silicon Valley partner, but Palmer said the collaborator wasn't Tesla. "If you want to keep making V12 engines, then you've got to do something at the opposite end of the spectrum," Palmer said about the company's strategy to Automotive News. The Rapide is just the first step in the brand's electrification, and the DBX is also under development for the next decade in EV, plug-in hybrid, and internal combustion versions. The crossover concept debuted at the 2015 Geneva Motor Show as an EV.

Aston Martin owners rev up for possible sale or stock IPO

LONDON — Aston Martin's owners have hired financial advisory firm Lazard to prepare for a stock market listing or sale of the British sports car maker made famous by fictional spy James Bond, sources familiar with the matter told Reuters. Italian private equity fund Investindustrial and a group of Kuwaiti investors, who together own more than 90 percent of the marque, are hoping to cash in on a recovery in sales and are in the initial stages of a strategic review. They have hired investment bank Lazard to work on a preliminary plan and could either opt for an initial public offering (IPO) in the third or fourth quarter of 2018 or a trade sale, two of the sources said on Friday. A deal could value the maker of the sports car driven by Britain's Prince William on his wedding day at between 2 billion and 3 billion pounds ($4 billion), one of the sources said, adding a listing was the most likely option. However, no final decision had been taken and the investors could decide to retain control, the sources added. Investindustrial declined to comment while Aston Martin and Lazard did not return requests for comment. Adeem Investment, one of the Kuwaiti investors, was not immediately available. If successful, a float of Aston Martin would be a milestone deal for the 104-year-old car manufacturer and would follow the IPO of Italian sportscar maker Ferrari which made its Wall Street debut in 2015 amid strong investor demand. Investindustrial, led by founder Andrea Bonomi, bought 37.5 percent of Aston Martin in 2012 in what was the fund's best-known investment in Britain. The fund, which has clinched a number of Southern European investments since its launch in 1990, is Aston Martin's single biggest investor and is driving the plans, the sources said. Beside Lazard, other investment banks have approached the private equity fund in recent weeks offering advice ahead of a possible IPO, another source said. Yet no other mandates will be awarded this year for the Gaydon-based firm, which is in the midst of a turnaround plan that aims to restore the business to profitability following six years of losses. Aston Martin, which recently unveiled its new Vantage model, is on course to post its first annual pre-tax profit since 2010 as strong demand for the luxury automaker's DB11 sports car boosts its performance.