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Aston Martin to replace Rapide with DBX crossover, Lagonda sedan

Aston Martin is known best for two-door coupes and convertibles, but it has a history with other body styles. And it looks like Aston's future includes more versatile door configurations. Speaking with Car and Driver at the New York Auto Show, the company's new CEO Andy Palmer reveals a two-pronged plan to replace the four-door Rapide. One will be a new Lagonda sedan; the other a production version of the DBX crossover concept. Detailing the overall strategy for the British automaker, Palmer said, "First is replacing the entire sports car range; second is the DBX, and that appeals to a different set of audiences; and the third is the sports sedan, which will carry [the Lagonda] badge." The Lagonda, Palmer revealed, will not be the Taraf we've already seen. Although sales of that model are expanding beyond its initial Middle Eastern market, it won't be coming to North America due to US crash-testing requirements and the vehicle's short production run. The next Lagonda sedan, however, is more likely to reach these shores. The DBX meanwhile is slated to switch to four doors from the coupe-like profile of the concept, but keep similar overall dimensions and that sleek roofline – albeit modified to make it more accommodating. The crossover will also replace the concept's electric powertrain with a more conventional engine. And while we wouldn't rule out the name carrying over, we wouldn't be surprised to see the DBX adopt another handle on the road to production.

Aston Martin Rapide AMR a limited-edition last hurrah before the DBX

The Aston Martin Advanced Operations department would like you to meet the Rapide AMR. The second Aston Martin product to highlight race-to-road synergies after the DB11 AMR, the production version follows the concept shown at the 2017 Geneva Motor Show. Unless the auto market suddenly veers back to sedans, the "hardcore" Rapide AMR will be one of the carmaker's last big swings at the four-door fastback until the Rapide retires in 2020 to make way for the DBX crossover. Its tech updates were tested and proved at the Nurburgring earlier this year, resulting in final specs that have changed slightly from the concept. While the UK and European Union get a version of the 6.0-liter V12 that makes 595 horsepower, the U.S. and the rest of the world must make do with 580 hp, a 28-hp increase over the Rapide S. Torque holds steady worldwide at 465 pound-feet, same as in the Rapide S. Aston Martin quotes a 0-60 mile-per-hour time of 4.2 seconds, also matching the S version, but a top speed of 205 mph, two mph beyond the standard sibling. The two Rapides could never be confused because of the AMR's vented carbon fiber hood, front splitter, sills, decklid, decklid spoiler, and rear diffuser wrapped around a new quad exhaust. Black mesh fills the grille, Zagato-like running lights rest at the front corners. The sedan sits 10 millimeters lower, but on forged 21-inch wheels — the largest ever fitted to an Aston Martin — with spokes designed to aid in brake cooling. The carbon ceramic brakes are a first for the Rapide, six-piston calipers doing the work up front, four pistons in the rear. Indecisive buyers can start with one of three exterior design themes: Standard, Silhouette, or Signature. The first two start with either Mariana Blue, Scintilla Silver, Lightning Silver or Onyx Black, but Standard puts AMR Lime accents on the splitter, sills, and rear diffuser. Silhouette swaps the Lime dainties for a full-length stripe in China Grey or Clubsport White. Signature goes full race, with Stirling Green the primary color and a Lime strip and Lime accents hinting at Aston Martin Racing liveries. Inside, Alcantara with embroidered AMR logos and welting in Lime or Galena Silver seats flank a full-length carbon fiber center tunnel. Before adding options like carbon fiber door handles or a One-77 steering wheel, the price of entry is $240,000, a $34,000 premium over the Rapide S. The first of just 210 cars will be delivered in the later part of the year.

Canadian billionaire Lawrence Stroll leads $240 million Aston Martin investment

After months of rumors and speculation, Canadian billionaire Lawrence Stroll confirmed he led the purchase of a 16.7% stake in Aston Martin for GBP182 million ($239 million). The investment is part of a GBP500 million ($656 million) round of emergency funding that will help the British automaker overcome serious financial challenges. Yew Tree Overseas Limited, a consortium of international investors led by Stroll, built its stake by buying 45.6 million new ordinary Aston Martin shares on the London Stock Exchange, according to Autocar. Aston Martin raised the remaining GBP318 million ($417 million) by giving existing investors the opportunity to buy more shares, the BBC learned. It's not a full bailout, but it's close. Aston Martin ended 2019 in dire financial straits. Stroll will replace Penny Hughes as Aston Martin's chairman; CEO Andy Palmer is expected to keep his job. Several sources confirmed the Racing Point Formula One team owned by Stroll will be rebranded Aston Martin after the 2020 season, and Autocar reported the company will quickly need to eliminate jobs and slash costs. "The difficult trading performance in 2019 resulted in severe pressure on liquidity, which has left the company with no alternative but to seek substantial additional equity financing. Without this, the balance sheet is not robust enough to support the operations of the group," Hughes admitted in an interview with the BBC. Stroll's' appointment to the Aston Martin board comes as the company prepares to overhaul its product plan. It notably confirmed the rumors claiming it put the battery-powered Rapide project on the back burner until further notice, and it delayed plans to revive the Lagonda nameplate on a series of extra-luxurious electric vehicles until after 2025. The first car was originally scheduled to reach the market in 2022, but the battery technology is expensive to develop, and Aston must save about 10 million pounds (around $13 million) annually. The firm will instead focus on mid-engined sports cars. Still according to Autocar, it will begin delivering the 1,160-horsepower Valkyrie hypercar this year, and it's on track to launch the Valhalla in 2022. The Vanquish will go mid-engined shortly after. Delaying electric cars doesn't mean abandoning electrification, and Aston Martin hopes to release "a fuel-efficient, modular V6 engine with hybrid capabilities" by the middle of the 2020s.