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Weekly Recap: Aston Martin to add another sports car, new Lagonda sedan, EVs

Aston Martin will revamp and expand its lineup as part of a five-year plan laid out by the company's new executives. If it succeeds, the strategy will position Aston for growth as an independent automaker with a more stable future in its second century. Aston will replace all of the cars in its current lineup and add a fourth sports car to its stable. It currently has three: the DB9, Vanquish and Vantage. The unnamed sports car will be joined by a production version of the DBX concept – an all-wheel-drive electric car that treads near crossover territory – that was revealed at the Geneva Motor Show. Aston's electric strategy also includes a potential electric-powered Rapide. Eventually, Aston plans to build a new four-door Lagonda. Though Aston will diversify its portfolio and the range could expand to seven vehicles, it will limit production to around 7,000 units annually, said Aston Martin marketing and communications director Simon Sproule, who described the company's strategy in an interview with Autoblog. CEO Andy Palmer, who joined Aston last year from Infiniti, has also spoken recently about remaking the company for the future. EVs are a major part of Aston's future, Sproule stressed, because they allow the automaker to "balance" its portfolio. Aston is studying the feasibility of an electric Rapide and is working with an undisclosed engineering firm. It's likely to use a plug-in setup and would cost $200,000 to $250,000 or more. It could use either a rear-wheel or all-wheel-drive configuration. View 14 Photos "It's a study, but we're serious about it," Sproule said. He added for emphasis: "If not this, there will be an electric Aston Martin in the future." Aston has taken note of what Tesla has done with the brisk-driving Model S and decided that's the dynamic it wants for some of its own cars. Even though EVs don't emit the same sonorous note as a V12 – they're better than the alternative, Sproule said. "The sound of silence is much more preferable than the sound of a four-cylinder whining away under the hood of an Aston Martin," he said. Speaking of V12s, they're not going away. Aston will continue to make its own V12 engine, but will source its V8 from Mercedes-AMG (whose parent, Daimler, owns a small stake in Aston). While the V12 is sure to please the faithful, Aston admits EVs and the crossover-like DBX will rankle many. Sproule argues those are the moves that will keep Aston relevant.

Aston Martin DBX flies on two wings in wild Mansory treatment

Subtlety, thy name is most definitely not Mansory. The German tuner has revealed its latest subject, an Aston Martin DBX outfitted with the company's signature gaudiness. If you can look past the visual assault, however, the car is notable for being the first tuned DBX. Mansory modified the Aston's AMG-built twin-turbo 4.0-liter V8 engine with a new ECU, bigger turbos, and reworked exhaust. That transforms the already powerful DBX from a 542-horsepower 516-pound-foot SUV into an 800-horse, 738-pound-foot behemoth. A shield-shaped badge reads "Mansory P800 Performance" just in case you have any doubts about its output, but nowhere is this alphanumeric sequence mentioned in its press materials. Mansory claims a 0-62 time of 3.8 seconds and a top speed of 202 mph. Brakes and wheels are not discussed either. The firm also claims that many of the aerodynamic changes are necessary to keep the DBX grounded as it reaches supercar speeds. Those include a widebody kit with pronounced fender vents, a front fascia that offers more openings than the Washington Generals, and the rear diffuser gives customers the choice of two placements for the dual exhaust. One places the tailpipes on opposite sides of the rear fascia, and one puts them side by side in the center. Many of these bits, including the side skirts, are made of forged carbon. We know it's supposed to be lightweight, modern and expensive, but we can't help but think they end up looking like the basic granite countertop in a Zillow flipper. You also may have noticed that the Mansory DBX has not one, but two elaborate rear wings. Each is made of forged carbon, and each also looks like a Klingon ritual battle weapon. You can have the Mansory DBX in any color you want as long as it's black with lime green. While the DBX's exterior isn't overly saturated in textmarker grun, the same cannot be said for its cabin. There, a dizzying pattern of chartreuse AM grilles on the seats, door panels and center console give life to the nightmare scenario of being trapped inside a Magic Eye poster. If you really have a jones for a faster DBX, may we recommend that you wait for the upcoming V12, which will likely retain Aston Martin's traditionally elegant styling. The DBX may have saved Aston Martin from financial ruin, but let's not ruin the DBX.

Aston Martin announces $306M in funding to build DBX, 'other new luxury vehicles'

Aston Martin has just gotten one step closer to building a crossover, as the British outfit has secured a 200-million-pound (about $306 million at today's rates) infusion of capital from its leading shareholders. The money will allow Aston Martin to develop "a new vehicle based on the DBX concept," although just how closely the production model will adhere to the concept's styling is unclear. Andy Palmer, the company's CEO, also hinted at other models being added, thanks to the funds. "This additional long-term funding, will enable us to add extra model lines and broaden our presence in the luxury market segment by the end of the decade. The DBX concept has generated interest far beyond our expectations," Palmer said in the attached statement. "The additional investment announced today will allow us to realize the DBX and other new luxury vehicles that will form the strongest and most diverse portfolio in our history." It's unclear what these "other new luxury vehicles" will include. Previous reports have indicated a Lagonda-badged replacement for the aging Rapide will be added to the range, although considering the age of the rest of Aston Martin's lineup, it's a safe bet that at least some of this money will also be put towards vehicles beyond the new CUV and sedan. Scroll down for the full press release from Aston Martin. Related Video: ASTON MARTIN LAGONDA ISSUES GBP200 MILLION FUNDING FOR PRODUCT EXPANSION • Investindustrial and Tejara Capital led a further GBP200 million in investment capital in the form of preference shares • Enables production of DBX luxury crossover, building on range of iconic luxury sports cars • FY 2014 revenues of GBP468 million and adjusted EBITDA of GBP66 million announced 30 April 2015, Gaydon: Aston Martin Lagonda today announced that with the leadership of its major shareholders, it has arranged additional committed funding of GBP200 million, enabling the 102-year old luxury sports car manufacturer to develop significant new luxury models that will drive the future of the company under its strategic business plan. The additional capital investment comes in the form of GBP200 million of preference shares; GBP100 million of which were issued on 29 April 2015 with the remaining GBP100 million – already subscribed for - to be issued in the next twelve months, and will further expand the previously announced investment plan. This major investment in new luxury models is at the core of Aston Martin's strategic vision.