1969 Aston Martin Dbs Vantage on 2040-cars

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Favorite vehicles of 2017

The Autoblog staff has driven a lot of vehicles in 2017. This video showcases our favorite vehicles from this year, along with some thoughts on why they made the list. Wanna read more head over to https://www.autoblog.com/photos/best-drivers-cars-2017/ Aston Martin Audi Ford Jeep Lexus Porsche Autoblog Minute Videos Original Video porsche macan lexus lc 500 macan wrangler r8 Arts and Entertainment

Zagato receives a pair of 600-hp Aston Martin V12s for its private collection

Enthusiasts who missed their chance to buy the limited-edition Aston Martin V12 Zagato released in 2012 are in luck. British manufacturer R-Reforged received permission from both brands to build 38 more cars, split evenly between coupes and convertibles, and it has just completed the first prototypes in its Warwick, England, facility. Fittingly, the first pair was ordered by Andrea and Marella Zagato, and it's headed for the coachbuilder's private collection. The roadster is finished in a darker shade of gold, while the coupe is painted silver, and each color shows up again on the center console. Both cars ride on the same center-locking 19-inch wheels, and they receive a plaque in the engine bay that certifies they were built specifically for Mr. and Mrs. Zagato.  R-Reforged didn't settle for copying and pasting the original blueprints. It made small but significant changes to the cars, including giving the front end a new-look splitter and redesigned fenders. Zagato's signature double-bubble roof remains, but the rear end gains active aerodynamic components that keep the car planted on the ground at autobahn speeds without altering its lines. Carbon fiber body panels help offset the system's weight. Power still comes from a 5.9-liter V12, but it has been tuned to develop 600 horsepower, an 80-horse increase over the original V12 Zagato. Suspension and chassis modifications make the car lower and wider, too. Just 19 pairs will be built in the coming months, and pricing for the duo starts at $2.2 million. Twelve workers make each car by hand, so building one takes up to 16 weeks. R-Reforged told Autoblog there are still some build slots left, but the catch is that the coupe and the convertible are exclusively sold as a pair, which is good news for people who buy supercars like they buy flip-flops. From there, anything is possible. Buyers can request that both cars be built to the exact same specifications, or they can work with the design team to personalize each one.

Bond, junk bond? Aston Martin financial ratings go south as it awaits DBX

Ratings agencies Standard & Poor's and Moody's have taken a dim view of Aston Martin Lagonda. S&P cut its credit rating on the storied carmaker deeper into junk territory this week, and Moody's revised its credit outlook to "negative" after the company raised $150 million in debt from a bond issue at 12% interest, with the option to raise another $100 million at 15%. The Standard & Poor's rating was trimmed by one notch to 'CCC+', which reflects substantial risks and takes it close to default territory after a faster-than-expected cash burn this year. The outlook is negative.  The negative outlook reflects ongoing pressure on profits, a high cash burn, and very high leverage in the face of heightened risks linked to a potential no-deal Brexit and new tariffs on car imports threatened by the United States. The potential salvation for the company is its new DBX luxury SUV, the success of which is critical to its ambitious growth strategy and ongoing creditworthiness, S&P said. But Moody's noted that it's burning cash at a high rate as it nears the launch of the DBX. The British carmaker, known as James Bond's favorite marque, has been hit by falling demand in Europe, the Middle East and Africa. It slumped to a first-half loss in July. Chief Executive Andy Palmer said concerns around Brexit and U.S.-China trade relations were skewing the outlook to the downside, so it was prudent to address investor concerns about its balance sheet. "Taking this debt on — short-term debt — is we think the correct tool to completely remove that thesis that we don't have sufficient liquidity," he told Reuters. "In every substantial and material way, this ensures that we can get through to DBX in spite of what all of those global uncertainties might throw at us." The main tranche comprises notes with an interest rate of 12% due in 2022, while the additional notes could be issued under the same terms if permitted, or could be issued as unsecured notes with an interest rate of 15%, Aston Martin said. Shares of stock in the company, which have had a precipitous fall since they listed in London in October 2018 at 19 pounds, were trading down 5% at 545 pence in early deals. Broker AJ Bell said Aston Martin was known for its high end prices and that situation now also applied to its debt. "These rates are very high and are a major red flag that investors consider the car company to be a high risk entity," it said.