2013 Aston Martin Db9,volcano Red/tan, Msrp:$206,940 on 2040-cars

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Aston Martin owners rev up for possible sale or stock IPO

LONDON — Aston Martin's owners have hired financial advisory firm Lazard to prepare for a stock market listing or sale of the British sports car maker made famous by fictional spy James Bond, sources familiar with the matter told Reuters. Italian private equity fund Investindustrial and a group of Kuwaiti investors, who together own more than 90 percent of the marque, are hoping to cash in on a recovery in sales and are in the initial stages of a strategic review. They have hired investment bank Lazard to work on a preliminary plan and could either opt for an initial public offering (IPO) in the third or fourth quarter of 2018 or a trade sale, two of the sources said on Friday. A deal could value the maker of the sports car driven by Britain's Prince William on his wedding day at between 2 billion and 3 billion pounds ($4 billion), one of the sources said, adding a listing was the most likely option. However, no final decision had been taken and the investors could decide to retain control, the sources added. Investindustrial declined to comment while Aston Martin and Lazard did not return requests for comment. Adeem Investment, one of the Kuwaiti investors, was not immediately available. If successful, a float of Aston Martin would be a milestone deal for the 104-year-old car manufacturer and would follow the IPO of Italian sportscar maker Ferrari which made its Wall Street debut in 2015 amid strong investor demand. Investindustrial, led by founder Andrea Bonomi, bought 37.5 percent of Aston Martin in 2012 in what was the fund's best-known investment in Britain. The fund, which has clinched a number of Southern European investments since its launch in 1990, is Aston Martin's single biggest investor and is driving the plans, the sources said. Beside Lazard, other investment banks have approached the private equity fund in recent weeks offering advice ahead of a possible IPO, another source said. Yet no other mandates will be awarded this year for the Gaydon-based firm, which is in the midst of a turnaround plan that aims to restore the business to profitability following six years of losses. Aston Martin, which recently unveiled its new Vantage model, is on course to post its first annual pre-tax profit since 2010 as strong demand for the luxury automaker's DB11 sports car boosts its performance.

Aston Martin plots more specific models for China, Middle East

Aston Martin is a thoroughly British automaker. Given its independence from any foreign automaker and its production that takes place entirely in the UK – particularly since Rapide assembly was moved back to Gaydon and the Toyota-based iQ was discontinued – you might argue that it's the most British automaker of them all. But like any other, it thrives on exports, and that only stands to increase with its latest announcement. With support from the British government, Aston Martin has revealed that it plans to develop new models specifically for export outside of the UK and continental Europe – especially for developing but wealthy markets in China and the Middle East. It wouldn't be the first time Aston would launch a new model targeted at a specific market, after all. When the company relaunched the Lagonda marque with the new Taraf luxury sedan late last year, it initially planned to make it available only in the Middle East. And by Middle East, we don't mean war-torn Yemen or Syria – we mean the oil-rich emirates of the Persian Gulf, like Bahrain, Qatar, Dubai and Abu Dhabi. Popular demand later prompted Aston to switch tracks, however, expanding availability to Europe and other markets. At this point, Aston isn't saying just what it has in mind for these lucrative markets, but the possibilities seem limited only by what local buyers would be interested in ponying up for. We could easily see the company offering a long-wheelbase Taraf limousine for China, a partial convertible sedan (like the Maybach Landaulet) for the Emirates or that long-rumored crossover that would be sure to attract buyers from both markets. ASTON MARTIN SET TO EXPAND MODEL RANGE FOR EXPORT MARKETS UK Government confirms support for new projects 29 March 2015, Gaydon: Aston Martin today confirmed it will widen its product offering for markets outside of Europe. Based on a conditional offer of an exceptional regional growth fund from the UK Government, Aston Martin will commence work this year on new models intended to broaden its customer reach in export markets such as China and the Middle East. The UK Government has committed support of up to the value of GBP6.9 million, conditional on investments in new products from Aston Martin. Commenting on this news, Aston Martin CEO, Dr Andy Palmer said: "Expanding our product range to enable a greater reach into export markets is an essential part of our Second Century business plan.

The legendary Aston Martin DB4 GT is reborn

The trend of resurrecting ghostly automobile legends continues with Aston Martin, which announced Friday it's building a limited run of 25 more DB4 GTs. Originally built from 1959 to 1963, the DB4 GT was among the most powerful British cars of its era and a precursor to the modern supercar. Just 75 DB4 GTs were built during the first run. The GT model was lighter and more powerful than the stock DB4, giving it excellent racing chops. Stirling Moss drove the GT to victory at Silverstone in its competition debut in '59. It's a rare breed with a deep lineage. Within that first batch, just eight even lighter-weight models were built, and Aston is using those as the basis for its continuation series. The company says it will build them in Newport Pagnell in England, its headquarters for decades and now home to the Aston Martin Works heritage division. The DB4 GT continuation brings assembly work back to Newport Pagnell for the first time since production of the Vanquish S left in 2007. The original DB4 GT was produced on this site. The new cars will wear VIN numbers that pick up from the end of the first run in '63. They will use a version of the Tardek Marek-designed straight six-cylinder engine making an SAE-rated 331 horsepower with three twin-choke Weber carburetors. Though it's a straight six like the original, Aston started "from scratch" with the new one, a spokesman said, drawing on the DB11's supplier for the castings. Modern elements, like an FIA-spec roll cage, fire extinguisher, and seat belts will also be added. It will weigh 2,706 pounds. The DB4 GT employs a four-speed David Brown manual gearbox. The car rides on a tubular frame with an independent front suspension; the rear is a Watts linkage setup and both use coil springs. The fuel tank holds 36 gallons, which should prove useful for racing. In that vein, these 25 will be track-only models, and buyers will be able to participate in an international driving program that spans two years and visits circuits like Yas Marina. Owners can receive training from Aston experts like Darren Turner, who counts several class victories at Le Mans. The cost? About $1.9 million at the prevailing exchange rates as of this writing. Aston will begin delivering the DB4 GTs in summer 2017. It joins the growing field of nostalgic continuations, like the Jaguar XKSS, that pick up where the original lineage left off.