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Aston Martin reveals new AMB 001 motorcycle, its first

Aston Martin has taken the wraps off a limited-edition lightweight racing bike called the AMB 001, its first-ever motorcycle, at EICMA in Milan, revealing a sculpted, vaguely retrofuturistic melding of form and function that is the first offering from a new partnership with English bike maker Brough Superior Motorcycles. Featuring a double wishbone front fork, the track-only bike represents a marriage of Aston’s design and Brough SuperiorÂ’s engineering. ItÂ’s inspired by AstonÂ’s current crop of mid-engine sports cars, presented in the brandÂ’s racing colors of Stirling green and lime essence with matte black wheels, forks and brake assemblies mixed in with unadorned carbon fiber. The latter material features on the signature fin, which derives its design from the side strake on Aston cars and which runs atop the bike along the length of the gas tank, under the saddle and out back. Another carryover is the same stainless-steel ultra-light wings that feature on the Valkyrie sitting under the lacquer of the bodywork on the nose and tank. There are also aerodynamic wings attached to the cowl on the front of the bike that harken to the S-curve on the front of an Aston Martin to apply downforce. Carbon fiber figures in the body structure, and titanium and billet aluminum feature elsewhere. The hand-stritched saddle is made of Oxford tan leather. The bike is powered by a V-twin turbocharged engine that makes its first appearance on a Brough Superior bike. It makes 180 horsepower, although thereÂ’s no information offered on top speed. The bikeÂ’s dry weight is just under 397 pounds. Just 100 examples will be built at the Brough Superior plant in Toulouse, France. Starting price is 108,000 euros (about $119,809 at current exchange rates), including a 20% VAT, with first deliveries expected in the fourth quarter of 2020.

Weekly Recap: Marchionne's Manifesto again calls for industry consolidation

Sergio Marchionne isn't taking no for an answer. Despite public rebuffs from General Motors and Ford, the leader of Fiat Chrysler Automobiles continues to push for consolidation within the auto industry. His latest assertion came Wednesday when he said a combination of FCA with another automaker could net savings of $5 billion or more annually. No, this isn't about selling his company, he claimed, it's about cutting costs. Put simply, the auto industry wastes money, Marchionne said during FCA's earnings conference call. Companies invest billions to develop basic components that all cars use, but many consumers don't care how they work or recognize the differences. "About half of this is really relevant in terms of positioning the car in the marketplace," he said. "The other half, in our view, is stuff which is neither visible to the consumer nor is it relevant to the consumer." In 2014, top automakers spent more than $100 million on product development, FCA estimated. Marchionne said consolidation could save up to $1 billion on powertrains alone, noting that almost every automaker offers four- and six-cylinder engines. Not everyone has to make their own, he contended. "The consumer could not give a flying leap whose engines we are using because they are irrelevant to the buying decision." That's pretty provocative for enthusiasts, but less so for average consumers. Still, there are major differences in power and efficiency ratings, even among similar engines. Skeptics could argue consolidation would also weaken competition and reduce choices for car buyers. Marchionne stressed his presentation, curiously entitled Confessions of a Capital Junkie, wouldn't require closing factories or dealerships. It's not his final "big deal" as CEO, intent to sell FCA, or a way to elevate his company up the automotive food chain. He claims he wants to fundamentally change the industry and its habit for burning cash. "The horrible part about this, and the thing that I find most offensive, is that the capital consumption rate is duplicative," he said. "It doesn't deliver real value to the consumer and it is in its purest form, economic waste." Other News & Notes Ford Profits dip in first quarter Ford profits fell $65 million to $924 million in the first quarter, hampered by slight dips in revenue and sales.

Aston Martin rules out going downmarket

When Aston Martin sat alongside Jaguar under the Ford umbrella, the two had to be careful not to step on each other's toes. That kept the top end of Jaguar's sports and GT lineup at bay, and in the years since they parted company, Jaguar has steadily moved up-market with new versions of the XK and now with the new F-Type. But does that mean Aston Martin will in turn start offering cheaper models? "No, not at this stage," Aston's US chief Julian Jenkins told AutoGuide.com. "If there is an opportunity that we can sit comfortably within we will go after it." But for the time being, the V8 Vantage will remain the brand's entry-level model, coming in just under the $100K mark in base Vantage GT trim. Enthusiasts will remember the Cygnet, a version of the Toyota/Scion iQ which Aston reskinned and sold to customers looking for a more compact, economical mode of transportation without skimping on luxury. But that model never made it to North America, and lasted only a few years before being discontinued in 2013. More recently, Aston branched into the four-door market, first with the Rapide and now with the Lagonda Taraf. The Lagonda Taraf is a four-door luxury sedan initially launched in the Persian Gulf, but under consideration for additional markets. The company has been on and off the fence regarding launching a crossover SUV like the Lagonda concept it showcased at the 2009 Geneva auto show to lukewarm reception. If Aston were to proceed with such plans, it would be up against the likes of the upcoming Jaguar F-Pace, Bentley Bentayga and Maserati Levante.