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Aston Martin considering US plant for DBX production

Aston Martin could be the next foreign automaker to begin production in the United States, according to the latest report from the Financial Times. The British automaker is reportedly considering a number of possibilities to handle assembly of the production version of the DBX crossover concept presented in March. Among them is the prospect of building a new plant in a Southern state like South Carolina or Tennessee, which could bring with it significant tax breaks and other incentives that would ease the process and make it financially attractive. Aston's main plant at Gaydon, UK, is reportedly nearing capacity as the company ramps up production, with a series of new models on the way. It moved production of the Rapide, its only model produced overseas, back to Gaydon in 2012 after it was initially handled off-site by Magna Steyr in Austria. That doesn't mean that the US proposal will necessary get the nod, though. Another possibility Aston is considering is taking over the former Jaguar facility at Browns Lane in nearby Coventry. The DBX concept was unveiled as an electric crossover coupe at the Geneva Motor Show last month, showing the way forward for the brand. The production version is expected to adopt a more conventional setup with four proper doors and an internal-combustion engine.

Aston Martin speeds ahead with October IPO worth perhaps $6.7 billion

LONDON — Luxury British carmaker Aston Martin is seeking a valuation of up to 5.07 billion pounds ($6.7 billion) from its stock market flotation and has taken steps to prepare for any eventuality over Brexit, it said on Thursday. The company, famed for making the sports car driven by fictional secret agent James Bond, said last month it was pursuing an initial public offering (IPO), the first British carmaker to do so for decades. The automaker will publish a prospectus later on Thursday and hopes to announce its final pricing on or around Oct. 3. It expects its shares to be admitted to the London Stock Exchange on or around Oct. 8. Carmakers have warned about the impact of any customs checks introduced as a result of a no deal or hard Brexit which could slow down production and add costs when Britain leaves the bloc in March 2019. The boss of Aston, which builds all its cars in Britain, said the company had boosted its stock of engines and components in case free and unfettered trade with the European Union ends in a few months' time. "We're up to five days of engine stock for example and we've got a very large warehouse in Wellesbourne (in central England) where we have at least five days of car stock," Chief Executive Andy Palmer told Reuters, an increase from the previous three days' worth of components held by the firm. "If there are tariffs ... for every car we lose because of a 10 percent tariff into Europe, we presumably pick up from Ferrari and Lamborghini in the other direction because obviously their cars become more expensive in the UK," he said. London and Brussels hope to conclude a Brexit agreement by the end of the year, but fellow carmakers such as BMW and Jaguar Land Rover (JLR) are worried that failure to agree could lead to snarl-ups at motorways and ports, disrupting production. JLR boss Ralf Speth warned last week that the wrong Brexit deal could cost tens of thousands of car jobs and risk production at the firm, Britain's biggest carmaker. Aston, which has set a price range of 17.50 pounds to 22.50 pounds per share for the 25 percent of stock it is floating, is targeting a market capitalization of between 4.02 and 5.07 billion pounds. The carmaker, which has long said it could pursue a listing, has undergone a turnaround plan since Palmer took over in 2014 as it boosts its volumes and expands into new segments with a new factory due to open in 2019.

2018 Aston Martin DB11 AMR Review | A private world of comfort and speed

There are moments when miniscule adjustments to something wonderful can yield unforeseen enhancements. The addition of a dash of Maraschino liqueur to a perfect Manhattan. The application of a few Newton-meters more pressure in a deep tissue massage. Gold-plating the wire wheels on your Commodore Blue Continental Package-equipped 1985 Cadillac Eldorado Biarritz Convertible. So it is with the Aston Martin DB11 AMR, a slight tweak to the Aston Martin DB11 V12 — already one of our favorite grand tourers. The non-AMR DB11 hosts the ideal combination of profligate luxury, recherche exclusivity, and muscular performance. (The V8 is also ... fine.) But Aston Martin's new AMR performance sub-brand has drizzled its speed effluent onto the DB's componentry and software. The result borders on transcendent. AMR was launched at the Geneva Motor Show in 2017 as the storied British marque's go-fast subsidiary (its M or AMG, if you will). Inspired in name, if not in mission, by the Aston Martin Racing team, it has already resulted in the AMR-ization of a half-dozen Aston vehicles including iterations of the Rapide, Vulcan, Valkyrie, and previous-generation Vantage. The $241,000 DB11 is the seventh in that series, and it will take the place of the "base" DB11 V12 when it appears in the states later this summer. Since Aston recently opened the first of its fancy-pants AMR Performance Centers adjacent to Germany's famed Nurburgring racetrack, it seemed fitting that our test drive of the new car commence there. We snagged the DB's crystal-tipped key fob and spent a couple days tearing everywhere in the Rhineland region that wasn't the "Ring," including narrow wending mountain roads, expertly paved two-lane byways, and unlimited Autobahn uber-highways. AMR's sorcery has, as noted, yielded relatively small changes on paper. The twin-turbocharged 5.2-liter 12-cylinder now makes just 5 percent more horses, for a total of 630. The dampers and springs have been stiffened by about 10 percent, the anti-roll bars front and rear by half that and half again. More rigid engine and transmission mounts have been added for greater stolidity. The transmission has been remapped for increased differentiation across the GT, Sport, and Sport Plus driving modes, selectable via a switch on the right side of the steering wheel.