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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 Valkyrie Spider loses roof, swaps doors, keeps the speed

The Aston Martin Valkyrie family has officially expanded to three models with the introduction of the Valkyrie Spider at Monterey Car Week. And as the name suggests, it's a convertible. The new roof required a few tweaks, but the car is still basically the same as the hardtop. The Valkyrie Spider's roof is a removable hardtop made of carbon fiber and featuring hinged polycarbonate windows on either side. This is to allow easier entry and exit with the roof in place. Also, because the roof is removable, the Spider couldn't have the gull-wing doors of the coupe. So Aston Martin reengineered it to have butterfly doors. A few other undisclosed aerodynamic changes were made, too. Though Aston Martin didn't say by how much, the company did say the Spider is a bit heavier than its closed counterpart. But owners are unlikely to really notice since they'll be working with the same 1,139 horsepower from the 6.5-liter V12. And really, even if the weight change were noticeable, it would probably be covered up by the fact that you'll be able to hear that engine much better. It's still extremely fast, capable of around 205 mph with the top off, and around 217 mph with the top in place. Aston will build 85 Valkyrie Spiders. No pricing or availability was given, and there's a distinct possibility all the examples have been sold already. The people who are lucky enough to get one should expect their cars to arrive in the second half of 2022. Related video:

Aston Martin may soon follow Ferrari with a London IPO

Aston Martin may soon be following Ferrari's lead, as Automotive News reports that people within the British automaker say it may soon consider an initial public offering. If it happens Aston Martin will likely list in London, not New York like Ferrari. While some in the industry were initially wary of Ferrari's move, the company is doing better than ever, with shares rising 62 percent since its IPO in 2015. An IPO could be a huge plus for Aston Martin. The company is looking to boost both sales and profit. Ferrari and Aston Martin sell similar vehicles at similar price points, but Ferrari has a much wider audience, even if most of those fans will never even sit inside one of its cars. That would likely be a big sticking point in estimating Aston Martin's value. It also moves half as many units as Ferrari per year. Aston Martin does have a new crossover on the horizon. Like Porsche, a crossover has the potential to more than double the automaker's sales. Even without it, fourth quarter profits in 2016 notably increased, fueled by solid sales of the new DB11. The IPO won't happen until sometime next year. The company wants to wait on a full 2017 earnings report. Related Video: News Source: Aston Martin Earnings/Financials Rumormill Aston Martin Ferrari stock