2006 Aston Martin Db9 Volante Convertible 2-door 6.0l on 2040-cars

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Aston Martin stock price shaken and stirred by latest weak outlook

Aston Martin warned its 2019 profits would almost be cut in half due to weak European markets, sending its shares sharply lower as rivals Bentley and Rolls-Royce powered ahead. Tuesday's downgrade is the latest from the British luxury carmaker, whose shares have now plunged about three quarters in value since their 2018 listing. The 107-year-old firm, famed for being fictional agent James Bond's brand of choice, cut its forecast for wholesale volumes and profit margins in July, and reduced its volume forecast again in November. It has blamed weak UK and European markets and subdued demand for its Vantage model and said on Tuesday those conditions continued through December, leading to a 7% drop in wholesale volumes for 2019. "From a trading perspective, 2019 has been a very disappointing year," Chief Executive Officer Andy Palmer said, as the company's shares plunged as much as 16%. While Aston spent 2019 ploughing money into a new factory to build its first SUV, the highly lucrative market a number of carmakers have entered, rivals such as BMW-owned Rolls-Royce and Volkswagen-owned Bentley appear one step ahead. Bentley on Tuesday said its Bentayga SUV boosted the brand's performance in 2019 as it returned to profitability, while Rolls-Royce's Cullinan helped drive a 25% increase in sales to an all-time high of 5,152 vehicles. "Cullinan has proven to be an outstanding hot seller for the brand," Chief Executive Torsten Mueller-Oetvoes told Reuters. "We are sitting now on an order bank reaching even far into 2020." Aston hopes its first SUV, the DBX, will emulate this success and revive its fortunes next year. About 1,800 orders have been booked since its launch in November, the company said. "The order rate is materially better than any other car that we have ever launched before," Palmer told Reuters. For 2019, Aston expects adjusted earnings before interest, tax, depreciation and amortization (EBITDA) of 130-140 million pounds ($171 million to $184 million). The company reported 247.3 million pounds in core profit a year earlier, while analysts' average forecast was 196 million pounds for 2019, according to a company-compiled consensus. Aston said it was also in talks with investors for a potential equity investment and would draw down $100 million in bond notes. Its shares, which have lost nearly 3 billion pounds in market value since their listing, were down 11.1% to 464.8 pence at 1136 GMT.  

1980 Aston Martin Bulldog concept will reattempt to break the 200-mph barrier

Aston Martin's 1980 Bulldog concept will receive a second chance to break the 200-mph barrier after it emerges from a complete, 18-month restoration. It was developed with all-out speed in mind — the British company had hoped the coupe would become the fastest car in the world, but it missed its target before getting shelved. Had things gone as planned, car-crazed kids in the 1980s would have grown up with a picture of the Bulldog on their bedroom wall. Aston Martin wanted to hoist itself up the exotic car pecking order by building the fastest car in the world, though it didn't envision more than a limited production run of 15 to 25 cars. Penned by William Towns, who also drew the Lagonda, the Bulldog looked like nothing else on the road (let alone in the Aston Range) due in part to its five center-mounted lights, and it broke with tradition by adopting a mid-mounted engine. Engineers floated a top speed of 237 mph, according to The Drive, but the Bulldog ran out of breath at 191 mph. Victor Gauntlett axed the project shortly after taking the top job at Aston Martin in 1981 because the numbers didn't add up; the firm wasn't in a position to chase speed records. Now, 40 years later, it's almost time to try again. Classic Motor Cars began the lengthy process of restoring the Bulldog on behalf of a private owner in 2020, and it enlisted the help of Aston Martin factory driver Darren Turner to see if it can break the 200-mph barrier once it's back in one piece. Richard Gauntlett, the son of the company's former boss, is overseeing the project. We don't know precisely when or where the speed run will take place, but Classic Motor Cars aims to have the Bulldog running by the end of 2021. In a statement, it said that the car is "well on the way to being restored." Restoring any exotic car from the early 1980s is a meticulous, expensive, and time-consuming process, and bringing a one-off concept car back to life increases the number of challenges exponentially. Classic Motor Cars can't order parts from Aston Martin, for example, and it's not able to study another example to find out how a specific panel is welded. It helps that the Bulldog hasn't been significantly modified over the past four decades, though some parts (like the door mirrors) were added later, and that it was complete when it arrived at the shop. Power for the Bulldog comes from a 5.3-liter V8 that's twin-turbocharged to 600 horsepower, figures that are still respectable in 2021.

Aston Martin recalls 7,000+ vehicles over seat heaters

We've seen vehicles being recalled for all sorts of reasons: ignitions switching off, airbags inflating prematurely, brake lines leaking fluid... but this latest one from Aston Martin is for the seat heater. So what, rich folks won't be able to drive their Volantes with the roof down when it gets cold, you say? Tragic though that would surely be, we're afraid this problem lies at the opposite end of the spectrum: seat heaters that won't turn off. The danger that poses, according to the statement below from the National Highway Traffic Safety Administration, is that the seats could start to smolder. And that doesn't sound like fun. The issue affects just about the entire Aston range, including the DB9, DBS, Virage, V8 Vantage and V12 Vantage, covering the 2006-2014 model years and manufactured between July 3, 2006 and November 5, 2014. That's pretty much everything Aston makes, save for the four-door Rapide, the newer Vanquish, the rare One-77 and the overseas-only Cygnet. So you'd figure that would add up to a lot of vehicles, and we suppose it does, considering the niche market in which Aston competes. All told, the recall affects an estimated 7,256 units across the United States, the owners of which will need to bring their luxury GTs into their local dealer to have an additional circuit module installed that will cut the power to the seat heaters in case the control module fails. Featured Gallery 2013 Aston Martin DB9: Review View 28 Photos News Source: National Highway Traffic Safety AdministrationImage Credit: Copyright 2014 Drew Phillips / AOL Recalls Aston Martin Convertible Coupe Luxury Performance aston martin v8 vantage aston martin db9 aston martin v12 vantage seat heaters