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Revealed: Aston Martin shows first V12 Speedster prototype

The V12 Speedster — Aston Martin's "living show car" — has moved from the realm of dreams (and digital renderings) to the physical world. Here it is in the metal. In the composite? A bit of both, we'd reckon, but we can say this for certain: it's definitely not glass. Aston Martin's 88-unit, $950,000, topless supercar is officially entering the physical development stage "in earnest," the company's spokesperson said, and here are the photos to prove it. Aston Martin had originally planned to start delivering V12 Speedsters in the first quarter of 2021, but whether that's possible in the world of COVID-19 remains to be seen.  The company says this prototype is intended for "dynamic development," meaning it's going to be used to fine-tune road and track performance. Based on the details Aston Martin has released so far, we're inclined to believe that it will be a treat in both departments. Aston Martin V12 Speedster View 18 Photos Fortunately, we have Aston Martin's previous renderings. Aston says the V12 Speedster is powered by a 5.2-liter twin-turbo V12 making 700 horsepower and 555 pound-feet of torque. Power goes to the rear wheels by way of a ZF eight-speed automatic gearbox. The British luxury builder claims this combo is good for a run to 62 mph in 3.5 seconds and a top speed of 186 mph. The platform itself is made by combining elements of the DBS Superleggera and Vantage. It has 21-inch forged, center-locking wheels, huge carbon ceramic brakes and adaptive dampers. As you can see from the gallery, Aston Martin did not include any photos of the prototype's interior, and we suspect that's because it doesn't actually have one yet — at least not anything worth showing. That's just as well. This is a single-purpose toy, not a touring coupe, and anything more than a well-anchored set of seats and intuitive driver controls is just a bonus anyway. 

Weekly Recap: Geneva's splendor reflects growing demand for ultra-luxury cars

Geneva is one of the most glittering auto shows in the world, but the list of high-powered and bespoke luxury cars was decadent this year even by the rich standards of the Swiss exhibition. It's great for enthusiasts to revel in the flame-throwing Aston Martin Vulcan, the racing-inspired elegance of the Bentley EXP 10 Speed 6 concept and the insane performance of the Lamborghini Aventador LP 750-4 Superveloce, but there's a reason for all of this opulence: the luxury market is big business. And it's growing. IHS Automotive forecasts that so-called ultra-premium sales will nearly triple this decade from 123,000 to 353,000 units around the world. The estimate includes brands like Aston Martin, Bentley, Ferrari and Rolls-Royce, but doesn't count BMW, Mercedes and Audi, which offer less expensive models in addition to their high-end flagships. Though IHS includes Porsche and its relatively large volume in the study, the ultra-premium segment is still set grow at about the same rate, even without the German automaker's figures. So what is propelling all of this growth in the most expensive segment of the auto industry? Put simply, there's more rich people. IHS Automotive principal analyst Tim Urquhart pointed to economic expansion in China, market recovery in the United States and a surge in the lucrative technology sector as contributing factors. This dovetails with a research report by UK-based Oxfam, an international relief organization, which found the world's richest one-percent owned 48 percent of global wealth in 2014, and it's expected to increase to more than 50 percent by 2016. View 17 Photos Carmakers are moving quickly to capitalize with new products, expanding their portfolios with low-volume speedsters like the 800-hp V12 Vulcan at Geneva, and plans to enter new segments, like Rolls-Royce's strategy to make an SUV. "Ultra-premium carmakers are looking to explore ways of growing their product offerings, and thus their bottom lines, in this most potentially profitable of segments," Urquhart wrote in a report on the Geneva show. In a nutshell, there are more choices for people with more money. It's a good time to have expensive taste. Other News & Notes 2016 Mazda MX-5 Miata production launches It won't be long now. The 2016 Mazda MX-5 Miata arrives later this year, and it's officially in production. Mazda announced this week that the roadster began rolling off the assembly line at its Ujina factory in Hiroshima, Japan.

GM says second recalled ignition switch was made in China

The defective ignition switch that led General Motors to recall an additional 3.4 million large sedans earlier this month was manufactured in China, according to a report filed with safety regulators obtained by Reuters. The switches can be knocked out of the run position, much like those affecting the Chevrolet Cobalt and other GM small cars, turning off the engine and safety systems like the airbags. Unlike GM's previous ignition switch recall, though, this latest issue will see dealers simply modify the key rather than replace the ignition switch outright, despite the fact that the switches were "slightly" below torque specifications. If what GM is claiming about this switch's origin is true, it'd mark the second high-profile recall of a part manufactured in China, following Aston Martin's (relatively) huge recall due to faulty accelerator arms in over 75 percent of the cars it had built since 2007. For what it's worth, from our perspective, the link between the Aston plastics and this GM switch seems just a bit too tenuous for us to put a lot of stock in GM's problems stemming from the location of its parts supplier, especially when the related investigation into its corporate culture has resulted in so many other culpable actors. Featured Gallery 2008 Buick Lucerne CXL Special Edition News Source: Reuters Recalls Aston Martin GM Safety supplier gm ignition switch recall gm safety ignition switch