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Aston Martin building 28 Goldfinger DB5 reproductions — complete with gadgets

The Lego iteration of the 1964 Aston Martin DB5 featured in the James Bond movie "Goldfinger" is a pretty cool toy for any Bond fan, what with its full suite of movie gadgetry. But for the well-heeled 007 fan, Aston Martin has something even more special in store. The car company announced that it will build a grand total of 28 full-size reproductions of the famous movie sports car. It won't simply be a DB5 in the correct color, either. The company is teaming up with the special effects supervisor from the most recent James Bond films, a man who, according to IMDb, has been working on Bond movies at some level since " The Spy Who Loved Me" and was the special-effects supervisor on the the Christopher Nolan Batman trilogy and the two latest numbered installments of the " Star Wars" series, to build the cars with "functioning gadgets such as revolving number plates and more." The "and more" part has us particularly intrigued. We imagine the tracking computer and bulletproof shield are simple enough. But the hideaway machine guns and ejector seat might be tricky. Regardless, you won't be able to deploy any of the gadgets on public roads, as Aston Martin explicitly states the cars won't be street legal. We're sure that won't keep Aston from finding buyers for these dream DB5s. The price tag probably won't deter serious buyers, either. The company says each car will sell for 2,750,000 pounds, which comes to $3,510,000 at current exchange rates. Of the 28 cars, 25 will be sold directly to customers. The remaining three will include one for Aston Martin, one for EON Productions, the company that produces Bond movies, and one that will auctioned for charity. Aston estimates the first cars will be delivered in 2020. Related Video: Featured Gallery James Bond's 1964 Aston Martin DB5 View 61 Photos News Source: Aston Martin, IMDbImage Credit: RM Auctions / RM Sotheby's TV/Movies Aston Martin Coupe Special and Limited Editions Classics aston martin db5

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.

Aston Martin brings a Lagonda SUV concept to Geneva

The progress is quick: Just a year after Aston Martin brought Lagonda back to life at the Geneva Motor Show, the reborn brand will display an SUV at the same venue. The electric Lagonda All-Terrain Concept precedes and previews the first production Lagonda of the new era, according to Aston Martin. Earlier reports have suggested the SUV will be built starting in 2021 and the sedan in 2023. The All-Terrain Concept is styled in the same fashion as the swoopy Lagonda concept from 2018 (shown in the gallery below). And while the teaser photo only really shows the SUV's outline head-on, we can see wide hips and tall tires. In May, these renderings were released, and it's likely that the Geneva show car will have similar shapes and a hatchback. Even though there's no need to accommodate internal combustion engine technology, and more space can be dedicated to the passenger compartment, the renders look less cab-forward than for example the Jaguar I-Pace; in Geneva, we'll see how the concept shape has been developed further. Aston Martin's Andy Palmer says: "The Lagonda All-Terrain Concept offers explicit clues regarding what will be the first Lagonda model to enter production, and further demonstrates how Lagonda's zero emission powertrain enables us to create spectacular cars that will radically redefine their sectors of the market." Aston is also bringing customized sports cars to the show, showing a Vantage and a DBS Superleggera done by the bespoke Q by Aston Martin service. The Vantage is finished in Cosmos Orange with plenty of carbon fiber, and the DBS Superleggera features a dark, "Gothic" theme suitable for Bruce Wayne. There will also be a DB11 AMR on show. View 14 Photos Related Video: