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Aston Martin to raise funds for new models including CUV, hybrid

Aston Martin CEO Andy Palmer named three leads for new vehicle programs when he took the reins, now the company is looking for the money to give those leads something to do. Reuters reports that the Gaydon firm is considering debt or equity financing to raise 100 to 150 million pounds ($156M to $234M US) in funding for "an expansion from the current model range," according to an unnamed source. On top of that investment round, Aston Martin is overhauling its working capital streams to unlock more funds. As one of the industry's few remaining independent carmakers, the company has an intense five years ahead of it, working to revamp its current vehicles with a 500-million-pound investment, entering new segments to grow sales to roughly 10,000 units annually from 4,200 cars in 2013, and pay down hundreds of millions of pounds in current debt. The big high notes observers will be looking for over the next few years are the successor to the DB9, pegged for 2016, profitability predicted in 2017, a huge debt note due in 2018, and the formal end of the recovery period in 2020. Our own eyes will be locked on the DB10 in Spectre, naturally, and the Lagonda-honoring Taraf in other markets, hopefully. At least one of the new vehicles is expected to be a crossover, a segment Aston seemingly cannot ignore now that Bentley and Rolls-Royce are committed to making plays there. However, Reuters says an official announcement of what we can expect won't come until the 2015 Geneva Motor Show. Among the other models said to be up for funding? Sedans (perhaps including a Rapide replacement?) and an unspecified hybrid.

Q by Aston Martin makes a 430-hp V8-powered Cygnet

A V8-powered Aston Martin Cygnet with 430 horsepower and 361 pound-feet of torque could be the best definition of "Didn't see that coming" we've had all year. A customer requested the carmaker's customization arm, Q by Aston Martin — Commission, insert a 4.7-liter V8 from the last-gen Vantage S into the Cygnet's engine bay. The grafting job, dressed in Buckinghamshire Green, weighs 1,375 kilograms or 3,025 pounds with fluids, and posts a power-to-weight ratio of 284 hp-per-ton in U.S. parlance, 313 bhp/tonne in UK units. Aston Martin engineers shortened the intake system to keep the Cygnet's standard hood unmolested. The motor blows out the other end through a twin, centrally-mounted exhaust at the end of very short pipes. Other components carried over from the Vantage S include the front and rear subframes, suspension, most of the braking system, and seven-speed Sportshift II transmission. Torque steer isn't an issue, because the rears do the driving via a "miniature" torque tube that runs underneath a custom tunnel. Carbon wheel arches shield 19-inch wheels shod in 275/35 Bridgestone rubber, with six-piston monoblock calipers in front, four-piston monoblocks in back. In spite of Aston Martin calling this "The Ultimate City Car," additional modifications would indicate the owner has ultimate track plans for the V8 Cygnet. The Q department welded in a roll cage, occupants sit in fixed Recaro buckets with four-point harnesses, the driver grips a removable, Alcantara-covered steering wheel, there are leather pull straps on carbon door panels, a steel fuel tank fills the cargo area, and an FIA-compliant fire extinguisher system keeps things cool if the temperature gets too hot. Should the V8 Cygnet pretend to its city car origins, there's a Vantage instrument cluster, air conditioning, and two USB ports. Goodwood Festival of Speed visitors will get to see how she runs up the hill. The original Cygnet, based on the Scion iQ and out of production since 2013, got from 0-60 miles per hour in about 11 seconds. The V8 Cygnet does that in 4.2, and taps out at 170 mph — 60 mph past the standard Cygnet's top speed. Aston Martin says the original Cygnet "looks set to become a future classic." That could be optimistic. The V8 Cygnet, however, just might have the chops. Related Video: Featured Gallery Aston Martin V8 Cygnet View 12 Photos Aston Martin Hatchback Luxury Racing Vehicles Special and Limited Editions aston martin cygnet q by aston martin

Aston Martin Vantage V12 Zagato goes back into limited production

To celebrate the 50th Anniversary of the Aston Martin DB4 GT Zagato in 2011, Aston Martin worked with Zagato Milano to create the Vantage V12 Zagato. Aston Martin made 101 of the special editions, available only as a coupe. This year, to celebrate the 100th anniversary of the Milanese design house, Swiss motorsport company AF Racing has commissioned 38 examples of the Vantage V12 Zagato, consisting of 19 coupes and 19 roadsters. The official name of the redux is Aston Martin Vantage V12 Zagato Heritage TWINS by R-Reforged. When Aston Martin originally announced production they planned to build 150 units, but for unknown reasons that number fell to 101 units. Since no specs have been mentioned, our guess is that the 6.0-liter V12 with 510 horsepower and 420 pound-feet of torque goes unchanged. As far as we can tell, the only differences between these new versions and the previous builds is that the coupe omits the rear spoiler, there's a wider selection of colors, and you can alternatively choose to take the top off. As for the entities behind this, the press release lays out a web of connections we're not totally clear on. The relevant matters are that AF Racing is a Swiss motorsport company that's a project partner on the Aston Martin Valkyrie, and it has a sub-brand called R-Reforged devoted to production-car projects. AF Racing owns a subsidiary in Germany called Vynamic that oversees four Aston Martin Vantage race cars competing in the German DTM Series. Vynamic will actually build the new V12 Zagatos. The rest of the tangled web doesn't matter. AF Racing says deliveries of the new coupes and speedsters will commence at the end of this year. No price has been mentioned, but the original coupes went for 330,000 pounds at the time, which would be $429,000 right now, and probably a good place to start.