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Aston Martin teases extreme Vantage GT3 for Geneva

Aston Martin's Vantage range has been on the market for ten long years, dating back to the Ford era and making it just a bit younger than the DB9, but still ripe for replacement. And that's just what Aston Martin has in store, with a new platform under development and a new engine deal with Mercedes-AMG. But before a replacement arrives, the British automaker will send off the current Vantage with what promises to be its most extreme version yet. First mooted over a year ago and spied more recently undergoing testing at the Nurburgring, Aston has now released this teaser video announcing the upcoming debut of the Vantage GT3 to bridge the gap between the top-of-the-line V12 Vantage S road car and the competition-spec V12 Vantage GT3. As such, we're expecting it to pack the company's ubiquitous 6.0-liter V12 engine, likely with some upgrades: what produced 510 horsepower in the previous V12 Vantage and 565 hp in the newer V12 Vantage S is likely to nudge the 600-hp mark in the GT3. Along with the expected power upgrade, we can look forward to all the usual suspects: more extreme aero and cooling, upgrades suspension, brakes and rolling stock, a stripped-out cockpit and more. The Vantage GT3 is confirmed to debut at the Geneva Motor Show this coming March.

Aston Martin CFO departs as stock hits a record low, losses deepen

LONDON — Aston Martin shares slumped to a record low on Thursday after the British luxury carmaker said its losses ballooned last year and its chief financial officer would leave by the end of April. The firm, famed for being fictional agent James Bond's car of choice, posted a pretax loss of 104 million pounds ($135 million) last year compared with 68 million pounds in 2018 following a 9% decline in sales to dealers. Aston Martin is in the midst of restructuring after announcing last month that a consortium led by Canadian billionaire Lawrence Stroll would buy up to 20% of the company and existing shareholders would inject more cash. Its shares, which were listed in October 2018, have been on a steady downward trajectory ever since and hit a record low of 328 pence following the announcements on Thursday, more than 80% lower than their flotation price. "The big difference between last year and this year is the strength of the balance sheet," Chief Executive Andy Palmer told Reuters. "We're in a very different place and have therefore an ability to properly ... destock and that means get the balance right between supply and demand." Chief Finance Officer Mark Wilson will step down from his role no later than April 30 but had not been fired, said Palmer. Coronavirus impact China, Aston's fastest growing market, was a rare bright spot last year with sales rising 28% but the company, like the rest of the industry, has seen demand drop due to the coronavirus outbreak. The virus has infected more than 80,000 people and killed about 2,800, the majority in China, confining millions to their homes, disrupting businesses and delaying the reopening of factories after the extended Lunar New Year holiday break. Aston has seen disruption to the arrival of certain parts but said it had not had to stop production at its factories, with components secured until at least the end of March because it has no direct suppliers in China. "Since almost the first weeks of the New Year we've had issues with those Tier 2 and Tier 3 (suppliers) which have meant that our supply chain guys have had to be on it constantly," said Palmer. "We're ironically benefitting from the fact that we built up a Brexit stock," he said, in a reference to extra components the firm held in case Britain's departure from the European Union led to additional delays in the movement of goods.

Aston Martin V12 Vantage V600 sends old model out with 600-horsepower bang

Time is nearly up for the outgoing Aston Martin Vantage coupe and convertible now that the new model has been released, but thanks to one fan of the car, it's going out in style. The company has created a special version of the Aston Martin V12 Vantage called the V600 at the request of a customer, and it will build just 14 of them, seven in each body style. It's apparently a tribute to the 1998 V8 Vantage V600, which had a supercharged V8 making 600 horsepower. Under the hood of this new iteration is a 600 horsepower naturally aspirated V12, which is even more potent than the V12 Vantage AMR. It's also exclusively paired to a seven-speed manual transmission. But the powertrain isn't the only unique aspect of the car. The hood is given a menacing bulge, and the louvered vents of the regular V12 Vantage have been replaced by more subtle circular holes arranged in a shape similar to the standard vents. The vents in the fenders have been changed as well, this time to something similar to those of the new Vantage. Up front, a grille shaped like that of the Rapide AMR replaces the normal one, and it has a unique mesh insert. In the back, the V600 gets a custom diffuser and quad exhaust tips. The interior features loads of carbon fiber, dark anodized aluminum trim and leather. Aston Martin didn't announce pricing for the V600, so it's fair to assume it's a lot. These special-edition cars are still available to purchase, though, unlike many special supercars that sell out before they're revealed. The company expects to deliver the cars in the third quarter of this year. Related Video: