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Aston Martin sold its old Vanquish tooling, but to whom?

Where do car models go when they become old? In some cases, they go to developing markets to be reborn again: Nissan built the Sentra in Mexico for ages, and old Peugeot saloons have been made in Iran for decades. Sometimes a separate company buys the tooling, which has been the case for Saab, for instance: the 9-3 and 9-5 sedans found a new life in China, albeit with new sheetmetal. These scenarios usually play out with passenger cars and trucks, and more rarely with sports cars. But for the Aston Martin Vanquish, there might be plans afoot. Aston Martin was revealed to have sold the second-generation Vanquish tooling and design drawings in June, for around $26 million. Aston didn't disclose the name of the buyer, so speculation quickly rose. Who wants to start building the V12 range-topper originally launched in 2012? Automotive News suggests the buyer could be a boutique European tuner such as Mansory, who would expand from converting cars into having bespoke products of its own. Jalopnik mentions Zagato, who has already partnered with Aston Martin and helped create the exclusive Zagato Vanquish. Whoever the buyer turns out to be, they will get 18 months of assistance from Aston Martin Consulting, as dictated in the deal. An interesting development would be if the Vanquish would be recreated as an electric supercar, if the anonymous buyer chooses not to fit their creations with Aston's V12 engines. Still, Aston won't be the first British sportscar maker to sell its tooling to another company: surely everybody remembers the time the front-wheel-drive Lotus Elan reappeared in Korea, as the Kia Elan/Vigato? Related Video:

Aston Martin DBS Superleggera Volante caught out in the rain

We've had the pleasure of driving the Aston Martin DBS Superleggera, with its 5.2-liter twin-turbo V12 making an astonishing 715 horsepower and 664 pound-feet of torque. The only drawback was not getting full exposure to the alpine air as we sped down the Autobahn. We've seen spy shots, though, of a DBS Superleggera Volante that could provide that experience, but it was still wearing camouflage. Now, our spy shooters have caught the convertible in testing, giving us a good look at the car. It was rainy as the car prowled around near the Nurburgring, so the convertible top was kept closed. It still looks sleek as all heck, with sheets of water dripping from its tires and aerodynamic bits, fallen leaves trapped in the grille. The convertible top maintains the tight and low roofline of the coupe, but it significantly shrinks the rear window. But that visibility issue would be eliminated with the top dropped. Under the hood and the rest of the sheetmetal, we expect this to maintain all the mechanical goodness and sporty prowess of its fixed-top stablemate. We're not sure when the official debut of the grand touring convertible will take place. We're hoping we'll have the chance to test it out before the fall leaves and drenching rains arrive in 2019. Related Video:

Aston Martin's project 003 could have a name: Valhalla

When Aston Martin unveiled the Valkyrie at the 2017 Geneva Motor Show, the carmaker's chief designer told Drive, "We have a bunch more V names that we've thought of and haven't used." Earlier this year, AutoGuide discovered a trademark application for the name Varekai, which Aston Martin will use for its crossover. Now the same site has found another trademark application at the with World Intellectual Property organization, this time for Valhalla, which it expects to be applied to the "Son of Valkyrie," formerly known as 003. The automaker made the filing on October 12, 2018. If you're unclear on all the connections, the Valkyrie was codenamed AM-RB 001, denoting the first collaboration between Aston Martin and the Red Bull Racing Formula 1 team. The Valkyrie AMR Pro was AM-RB 002. That makes the Valhalla, nee 003, next in the chute. The naming inverts Norse myth, since the legends say Valkyries escorted fallen warriors to the Hall of the Slain in Valhalla. In Aston Martin's working, you need to go through Valhalla to get to the ferocious women with the swords. Although not thought to be co-developed with Red Bull Racing, the Valhalla will retain lightweight, carbon-fiber-intensive construction and active aerodynamics like its larger siblings, as well as an active suspension. As a road-legal and more practical step below the Valkyries, the Valhalla includes "space for luggage," and a quieter cabin. Instead of a naturally-aspirated V12, the third member of the family goes with a turbocharged V6 with hybrid help. Anticipated to be a full-on hypercar, the competitive set is thought to include the McLaren Speedtail and whatever succeeds the Ferrari LaFerrari. Aston Martin will make 500 Valhallas, deliveries commencing in late 2021. Before then, don't be surprised to see the Vanquish name return on the company's Ferrari 488 and McLaren 720S challenger. Related Video:

2018 Aston Martin Vantage Drivers' Notes Review | English style, German heart

Editor-in-Chief Greg Migliore — The Vantage continues Aston Martin's evolution as a modern sports- and supercar maker. This machine feels special. It's gorgeous and translates Aston's design language effectively. It sounds intoxicating. I blasted around Detroit's sleepy suburbs one chilly night and felt a bit like James Bond. The AMG-sourced V8 is well-calibrated and works smoothly with the eight-speed automatic. Pulling the paddles is obviously fun. The steering returned proper feedback with adequate weight. The chassis is tight but not abusive. Considering the Vantage has so much power and technical prowess, it's still imminently drivable. I was comfortable almost immediately, and it's the kind of car that left me feeling satisfied and wanting more. That's the essence of Aston. Senior Editor, Green, John Beltz Synder — The V8 Vantage holds a special place in my heart, and my heart was beating faster just looking at it in our parking lot. It's a gorgeous car, and it stands up to close inspection. I love the detail, the colors, the look of the materials and how they accentuate the car's design. That attention to detail is even more pronounced inside the car, where there's something interesting going on everywhere you look, including the headliner. Driving the car is a lot calmer than you might expect. Yeah, it's fast and a bit stiff, but not jarringly so. The AMG V8 and eight-speed transmission work wonders together. The acceleration is smooth and linear, with shifts happening in an instant, and without drama. Plus, I love the giant paddle shifters mounted on the steering column. They're thin, but extremely long, and they're always right where you expect them to be when you reach out with your finger. There were just a couple things that stood out to me as imperfect. On the infotainment interface on the center tunnel, the control wheel is tucked away, which helps keep you from accidentally bumping it, but makes it a little awkward to use. The other thing was that the whole driver seat moved around underneath me. I'm sure Aston saved some weight with these seats, but this didn't feel very securely attached to the floor. I forgot about both of those things as I found my way out of traffic and onto some curvy roads. This thing builds and carries a ton of speed with ease. And as good as it looks in its natural state of motion, this car was turning heads — and cellphones — when prowling through the parking lot.

Paris Motor Show and a Subaru luxury brand? | Autoblog Podcast #556

On this week's Autoblog Podcast, Editor-in-Chief Greg Migliore is joined by Green Editor John Beltz Snyder. They kick off this episode with driving impressions of the new 2019 Aston Martin V8 Vantage and 2019 Volkswagen Jetta. Then they recap the 2019 Paris Motor Show, and talk about their favorite cars from the event. They answer some reader mail and try to answer the question: Should Subaru have its own luxury brand?Autoblog Podcast #556 Get The Podcast iTunes – Subscribe to the Autoblog Podcast in iTunes RSS – Add the Autoblog Podcast feed to your RSS aggregator MP3 – Download the MP3 directly Rundown Cars we're driving: Aston Martin V8 Vantage and VW Jetta Our favorite cars from the 2019 Paris Motor Show Spend Subaru's Money Feedback Email – Podcast@Autoblog.com Review the show on iTunes Related Video: Green Podcasts Paris Motor Show Aston Martin Automakers Subaru Volkswagen Coupe Electric Luxury Performance Sedan aston martin v8 vantage

The Aston Martin Valkyrie and its V12 sound insane

Formula 1 is where the mind goes when we listen to this teaser engine clip of the Aston Martin Valkyrie hypercar. And we're not talking about the lame-sounding turbo cars they're racing now. No, this sound brings to mind the stupid-high-revving machines of the 2000s. It makes sense too, because we've been told that the 6.5-liter naturally aspirated V12 engine is loosely based on Cosworth's 2.4-liter V8 it made for Formula 1. Rumors place the Valkyrie engine somewhere around 1,000 horsepower with a kinetic energy recovery system providing even more thrust. We've seen a number of reports putting the final combined figure around 1,130 hp, but the actual number will remain a mystery for the time being. The sound of "THE" GREAT British car company! Thank you @Cosworth @redbullracing #AstonMartinValkyrie #NaturallyAspirated#V12 pic.twitter.com/HmEICj29uH — Andy Palmer (@AndyatAston) October 3, 2018 This video with the Valkyrie's soundtrack layered behind it comes courtesy of Aston Martin CEO Andy Palmer. Dramatic renderings of the Valkyrie cycle through in the background, but the noise is what we're paying attention to here. The engine's redline is reportedly 11,000 rpm and we don't doubt it after listening to the soundtrack more than a few times. No other production car revs that high — even LaFerrari tops out at 9,250 rpm. The team definitely has the engine working, and production is slated to kick off sometime in 2019. We'll be waiting impatiently until then to hear that insane V12 in person. Related Video: Aston Martin Coupe Performance Supercars hypercar Aston Martin Valkyrie

Aston Martin skids in stock market debut

LONDON — Shares in luxury automaker Aston Martin fell as much as 6.5 percent on their market debut in London on Wednesday as investors and analysts raised concerns over Aston's ability to deliver an ambitious rollout of new models. The company, which last year made its first profit since 2010 and has gone bankrupt seven times, had priced its shares at 19 pounds each, giving it a market capitalization of 4.33 billion pounds ($5.63 billion). The shares fell to as low as 17.75 pounds. Aston Martin has plans to launch a new model every year from 2016 to 2022. "(It) has very aggressive growth plans. The execution of that growth needs to be flawless — nothing eats cash more than a car company when the cycle turns. There is concern that it's more cyclical than the commentary has been," said James Congdon, managing director of cashflow returns specialist Quest. "The banks have done a good job for their client — but there's no bounce." Aston is going all-in Aston Martin — full name Aston Martin Lagonda Global Holdings Plc — expects to produce around 7,100 to 7,300 cars in 2019, and 9,600 to 9,800 cars in 2020. It aims to increase production to 14,000 cars in the medium term, helped by new models and improving its manufacturing process. The company is investing all of its cashflow to try to achieve this, leaving nothing for dividends or paying down debt. "In terms of execution risk — this is what I've done for all of my career. I'm an engineer: we mitigate risk," Chief Executive Andy Palmer, who has led a turnaround plan at the company since 2014, told Reuters. Palmer played down risks to the business from Britain leaving the European Union, even as other car manufacturers step up warnings over a disorderly Brexit. He said Aston Martin was "relatively well insulated" from the effects of Brexit because Europe is not its biggest market and it may actually benefit from exporting with a cheaper pound. However, 60 percent of its parts are imported from the EU and will be hit by tariffs if there is no trade deal. "Obviously we'd all prefer no tariffs to be frank, no doubt, but the industry has to learn to adapt, and it always has adapted to changes," Palmer said. Valuation In 2017, Aston Martin had adjusted earnings before tax interest, depreciation and amortization (EBITDA) of 206.5 million pounds, up from 100.9 million pounds in 2016.

The mood at this year’s Paris Motor Show: Quiet

The Paris Motor Show, held every other year in the early fall, typically kicks off the annual cavalcade of automotive conclaves, one that traverses the globe between autumn and spring, introducing projective, conceptual and production-ready vehicle models to the international automotive press, automotive aficionados and a public hungry for news of our increasingly futuristic mobility enterprise. But this year, at the press preview days for the show, the grounds of the Porte de Versailles convention center felt a bit more sparsely populated than usual. This was not simply a subjective sensation, or one influenced by the center's atypically dispersed assemblage of seven discrete buildings, which tends to spread out the cars and the crowds. There were not only fewer new vehicles being premiered in Paris this year, there were fewer manufacturers there to display them. Major mainstream European OEM stalwarts such as Alfa Romeo, Fiat, Nissan and Volkswagen chose to sit out Paris this year, as did boutique manufacturers like Bentley, Aston Martin and Lamborghini. This is not simply based in some antipathy on the part of the German, British and Italian manufacturers toward the French market — though for a variety of historical and societal reasons that market may be more dominated by vehicles produced domestically than others. Rather, it is part of a larger trend in the industry. Last year, Mercedes-Benz announced that it would not be participating in the flagship North American International Auto Show in 2019 — and that it might not return. Other brands including Jaguar/Land Rover, Audi, Porsche, Mazda and nearly every exotic carmaker have also departed the Detroit show. Some of these brands will still appear in the city in which the show is taking place, and host an event offsite, to capitalize on the presence of a large number of reporters in attendance. And even brands that do have a presence at the show have shifted their vehicle introductions to the days before the official press opening in an attempt to stand out from the crowd. In many ways, this makes sense. With an expanding number of automakers, with diversification and niche-ification of models and with wholesale shifts that necessitate the introduction of EV or autonomous sub-brands, there is a growing sense that, with everyone shouting at the same time, no one can be heard.

Everybody's doing flying cars, so why aren't we soaring over traffic already?

"Where's my flying car?" has been the meme for impending technology that never materializes since before there were memes. And the trough of disillusionment for vehicles that can take to sky continues to nosedive, despite a nonstop fascination with flying cars and a recent rash of announcements about the technology, particularly from traditional automakers. Earlier this month, Toyota applied for an eye-popping patent for a flying car that has wheels with spring-loaded pop-out helicopter rotors. The patent filing says the wheels/rotors would be electrically powered, while in on-land mode the vehicle would have differential steering like tracked vehicles such as tanks and bulldozers. At an airshow in July, Aston Martin unveiled its Volante Vision Concept, an autonomous hybrid-electric vertical takeoff and landing (VTOL) vehicle it developed with Rolls-Royce. Aston says the Volante can fly at top speeds of around 200 mph and bills it as a luxury car for the skies. Audi used the Geneva Motor Show in March to unveil a flying car concept called the Pop.Up Next it developed with Airbus and Italdesign. If the Pop.Up Next, an electric and autonomous quadcopter/city car combo, gets stuck in traffic, an app can be used to summon an Airbus-developed drone to pick up the passenger compartment pod, leaving the chassis behind. Audi said that the Pop.Up Next is a "flexible on-demand concept that could open up mobility in the third dimension to people in cities." But Audi also acknowledged that at this point it has no plans to develop it. The cash-stoked, skies-the-limit Silicon Valley tech crowd is also bullish on flying cars. The startup Kitty Hawk that's backed by Google co-founder Larry Page announced in June that it's taking pre-orders for its single-seat electric Flyer that's powered by 10 propellers and is capable of vertical takeoffs and landings. The current version can only fly up to 20 mph and 10 feet in the air and has a flight time of just 12 to 20 minutes on a full charge. The Flyer is considered a recreational vehicle, so doesn't require a pilot's license. Uber says it plans to launch its more ambitious Elevate program and UberAIR service in 2023. "Uber customers will be able to push a button and get a flight on-demand with uberAIR in Dallas, Los Angeles and a third international market," Uber Elevate promises on its website.

Aston Martin speeds ahead with October IPO worth perhaps $6.7 billion

LONDON — Luxury British carmaker Aston Martin is seeking a valuation of up to 5.07 billion pounds ($6.7 billion) from its stock market flotation and has taken steps to prepare for any eventuality over Brexit, it said on Thursday. The company, famed for making the sports car driven by fictional secret agent James Bond, said last month it was pursuing an initial public offering (IPO), the first British carmaker to do so for decades. The automaker will publish a prospectus later on Thursday and hopes to announce its final pricing on or around Oct. 3. It expects its shares to be admitted to the London Stock Exchange on or around Oct. 8. Carmakers have warned about the impact of any customs checks introduced as a result of a no deal or hard Brexit which could slow down production and add costs when Britain leaves the bloc in March 2019. The boss of Aston, which builds all its cars in Britain, said the company had boosted its stock of engines and components in case free and unfettered trade with the European Union ends in a few months' time. "We're up to five days of engine stock for example and we've got a very large warehouse in Wellesbourne (in central England) where we have at least five days of car stock," Chief Executive Andy Palmer told Reuters, an increase from the previous three days' worth of components held by the firm. "If there are tariffs ... for every car we lose because of a 10 percent tariff into Europe, we presumably pick up from Ferrari and Lamborghini in the other direction because obviously their cars become more expensive in the UK," he said. London and Brussels hope to conclude a Brexit agreement by the end of the year, but fellow carmakers such as BMW and Jaguar Land Rover (JLR) are worried that failure to agree could lead to snarl-ups at motorways and ports, disrupting production. JLR boss Ralf Speth warned last week that the wrong Brexit deal could cost tens of thousands of car jobs and risk production at the firm, Britain's biggest carmaker. Aston, which has set a price range of 17.50 pounds to 22.50 pounds per share for the 25 percent of stock it is floating, is targeting a market capitalization of between 4.02 and 5.07 billion pounds. The carmaker, which has long said it could pursue a listing, has undergone a turnaround plan since Palmer took over in 2014 as it boosts its volumes and expands into new segments with a new factory due to open in 2019.