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Mercedes-Benz to boost stake in Aston Martin to 20%, lend it some tech

Daimler unit Mercedes-Benz is to lift its stake in Britain's Aston Martin to up to 20% by 2023, making it one of the struggling British carmaker's largest shareholders, Aston said on Tuesday. Aston Martin, popular for being James Bond's carmaker of choice, has suffered a torrid time since it went public two years ago, with its shares losing two-thirds of their value this year. The 107-year-old firm hired Tobias Moers, former CEO of Mercedes-AMG, as its new boss from August. Aston said the increase in Mercedes-Benz's stake, from 2.6% currently, would take place in several stages as part of a wider issue of 250 million shares at 50 pence each. The stock issued to the German group will have a maximum value of 286 million pounds ($372.7 million), it said. The deal will see an existing supply agreement between the two firms, in place since 2013, expanded to give Aston Martin access to key Mercedes' technology, including hybrid and electric drive systems. "We take another major step forward as our long-term partnership with Mercedes-Benz AG moves to another level, with them becoming one of the company's largest shareholders," said Aston's chairman and biggest shareholder Lawrence Stroll. The German firm will get the right to nominate one non-executive director to Aston Martin's board after its first shareholding increase, the London-listed firm said. Aston, which has started deliveries of its first sport utility vehicle, the DBX, said on Tuesday it swung into an adjusted core loss of 29 million pounds in the third quarter, versus a profit of 43 million pounds last year. Revenue in the period nearly halved to 124 million pounds, it said. Aston Martin is targeting annual capex of 250 million pounds to 300 million pounds per year between 2021 and 2025. It envisages production volumes of about 10,000 units, revenues of about 2 billion pounds and adjusted core profit of 500 million pounds by financial years 2024 or 2025.

2023 Aston Martin DBX S shows its muscular-looking profile

Aston Martin is slowly taking the wraps off of a more powerful evolution of the DBX. Possibly assigned the S suffix, the hot-rodded family-hauler will stand proud as the world's most powerful luxury SUV when it makes its official debut online on February 1, 2022. The model remains shrouded in darkness, but the latest preview image published by the British firm is a lot more informative than the video it previously released. We can tell several styling cues differentiate the S and the regular DBX, including model-specific wheels and a bigger roof-mounted spoiler. It also looks like the quicker and more powerful variant rides lower, which hints at a series of suspension tweaks. As we've previously reported, the DBX S will likely land with a V8 engine rather than with a V12. Specifications haven't been released yet, but Aston Martin pledged that it designed the model as "the world's most powerful luxury SUV," a crown that will require over 670 horsepower to claim. We're guessing that the eight-cylinder in question will be a version of the Mercedes-AMG-sourced 4.0-liter found in the standard DBX, among other Aston Martin models. It will be twin-turbocharged, and it will spin the four wheels via an automatic transmission; nothing suggests that the S will be a hardcore, track-ready machine with a seven-speed manual transmission and a gutted interior. More information about the 2023 Aston Martin DBX S (assuming that's indeed what it's called) will emerge in the coming days, and its full reveal is scheduled for February 1, 2022. Sales should start shortly after with a base price pegged somewhere north of $180,000.   Watch us test drive the Aston Martin DB11: Aston Martin Crossover SUV Luxury Performance

2019 Aston Martin DBS Superleggera First Drive Review | Nowhere I'd rather be

BERCHTESGADEN, Germany — The mountains at the border of Austria and Germany are full of rolling green fields bookended by tree-capped mountains. The roads that run along the mountainsides and valleys, despite being packed with tractors and a seemingly endless line of vacation travelers, are ripe with corners just waiting to be strung together. I'm standing on a hillside staring at the new Aston Martin DBS Superleggera when I realize there are few things I've ever wanted more than a V12-powered GT and a ribbon of clean pavement. The DBS Superleggera is the third new Aston Martin revealed this year, following the Vantage and DB11 AMR. It's based on the DB11 and serves as a replacement for the Vanquish S. In place of the old, naturally-aspirated 6.0-liter V12 is an upgraded version of the 5.2-liter engine found in the DB11 AMR. In the DBS, the engine makes 715 horsepower and 664 pound-feet of torque, up 85 horses and a gut-punching 148 pound-feet over the DB11. The extra power comes mostly from an increase in boost from the two turbos. The other big changes to the DBS come in the way of the relatively lightweight carbon-fiber bodywork. Every panel save for the doors and roof has been re-sculpted. The new panels are carbon fiber, and — with options such as carbon-fiber trim and a lightweight exhaust — the DBS weighs about 160 pounds less than a DB11. The styling is different, too, thanks to a massive grill and lower intakes that make up most of the front fascia. Aston Martin says the extra area is needed to cool the V12. It reminds me a bit of the wide-mouth Aston grilles from the '50s and '60s. The straked "curlicue" fender vents, F1-style double diffuser, and reworked Aeroblade increase downforce to nearly 400 pounds at the car's top speed of 211 mph without any major drag penalties. The Aeroblade pulls in air from behind the rear windows, moving it through the bodywork and over the rear wing. Rather than using an active wing like on the DB11, the DBS uses a fixed Gurney flap. The Aeroblade and Gurney flap give the DBS downforce while keeping the overall design relatively clean. The new DBS is handsome and purposeful, if not exactly beautiful. Sitting behind the wheel, you'd be forgiven for thinking you were in another DB11. The seats are the most notable and obvious change in the DBS, offering slightly more bolstering than what you get on the DB11 (though they lack fine-tuned adjustments). The rest of the interior simply looks like a reskinned DB11.