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Aston Martin will make a profit for the first time since 2010

LONDON — Aston Martin is on course to post its first annual pre-tax profit since 2010 as strong demand for the luxury automaker's DB11 sports car boosts its performance. Pre-tax profit reached 22 million pounds ($29 million) in the first nine months of 2017, reversing a loss of 124 million pounds in the same period in 2016, Aston said on Wednesday. "Our strong financial performance and continued profitability reflect the growing appeal of our high-performance sports cars, with the new DB11 Volante and a new Vantage expected to stimulate further demand in the coming year," Chief Executive Andy Palmer said. Asked on Monday whether the firm would be in the black this year, Palmer told Reuters: "It's our intention to be." Aston Martin, which is mainly owned by Kuwaiti and Italian private equity firms, last posted a profit in 2010. Its losses then grew, partly due to lack of new models, a high-profile recall and an extended period without a chief executive. Since Palmer's appointment in 2014, the firm has pursued a turnaround plan designed to boost its model lineup, quadruple volumes and produce its first SUV at a new plant in Wales, setting up a possible stock market flotation. Volumes rose 65 percent to 3,330 cars in the first nine months of the year, prompting the firm to raise its full-year guidance to expect core earnings of at least 180 million pounds on revenue of over 840 million pounds. Third-quarter profit stood at 0.8 million pounds, reflecting a quieter period across the car sector when demand falls as people take holidays and some customers prefer to wait until after the vacation period to have their cars delivered. On Tuesday, the firm launched its new Vantage model, which will take its output to 7,000 sports cars in 2019, its highest level in a decade. Related Video:

Aston Martin's deal with Mercedes-AMG more than skin-deep

Aston Martin is working on a raft of new models. But it's not going it alone: it has a technical partnership with Mercedes-AMG, the details of which have only been revealed in bits and pieces. If these latest spy shots are anything to go by, however, the arrangement could run deeper than anyone initially let on. Spied undergoing testing at the Nurburgring, this prototype for the upcoming successor to the Aston Martin DB9 is widely expected to be called the DB11 (10 is being used by James Bond's new ride). From the outside it doesn't look different than the previous versions we've seen running around, but this time we can also peer into the cabin, and that's where things start to get interesting. Despite the best arm-waving efforts by the development engineers, our spy photographers managed to snap a couple of shots of the interior. And though it looks far from being ready for production, the components we see appear to have been lifted from the Mercedes S-Class Coupe – particularly the steering wheel, digital instrument cluster, and almost the entire center console. This speaks to a deeper collaboration between the British and German automakers. The 4.0-liter twin-turbo V8 from the Mercedes-AMG GT, C63, and G500 4x42 is already being adapted for use in the next generation of Astons. Related Video:

800-hp Aston Martin Vulcan will live long and prosper... on the track

The Aston Martin Vulcan might by one of the most beautiful creations to ever emerge from the British sports car company. Unfortunately, its status as a track-only toy limited to 24 units makes seeing one on the road practically impossible. That's a shame, too, because nothing would wake up an early morning commute better than seeing jets of flame shoot out of the side of this coupe. For the Vulcan, Aston Martin takes a 7.0-liter version of its tried and true V12 and promises to extract over 800 horsepower from it. The engine is hooked up to a six-speed sequential gearbox, and the car features all of the other necessities for a full-bore track car too. The pushrod suspension, anti-lock carbon-ceramic brakes and traction control are all fully adjustable to create the perfect balance for any circuit. Underneath, there's a carbon fiber monocoque, and the body panels are also made from the lightweight material. While the mechanicals are everything a driver could want on the track, the design is just as attractive. The styling takes the taut lines from Aston Martins of the last decade and sharpens everything to look futuristic. The pointed, orange filaments making up the taillights are an especially cool touch. The brand promises to reinterpret this look for future models, so we might still see inspiration of it on the road. Give it a thorough look in our live gallery above from the floor at the 2015 Geneva Motor Show. Related Video: