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Maybach and Aston Martin alliance talks fall apart

If you have, like us, been salivating at the notion of a new generation of Maybach and Lagonda ultra-luxury crafts built by Aston Martin, we've got some bad news: According to reports emanating from Germany, talks between AML and Daimler have broken down.
The proposal under negotiation would have seen Daimler outsourcing production of the next family of Maybach models to Aston Martin, which in return would benefit from Mercedes-Benz platforms and engines - not only for its svelte GTs, but also for its own future Lagonda line of limousines and luxury SUVs. That, and a boatload of money - or at least that's what AML was reportedly seeking, an issue that served as the stumbling block over which the deal reportedly collapsed.
That's not to say the two parties couldn't still reach some sort of a compromise, but short of that, Daimler may opt to either shut down Maybach altogether, find another partner, or take another stab at building new models internally.

Win a 2021 Aston Martin DBX, a Bond car for the family

Autoblog may receive a share from purchases made via links on this page. Pricing and availability are subject to change. No donation or payment necessary to enter or win this sweepstakes. See official rules on Omaze. "No Time to Die," the latest installment of the James Bond series, has been pushed back a few times, most recently promising a October 8, 2021 release date. Considering the original release date was November 2019, we’re not going to hold our breath that we will get to see Daniel Craig in his final Bond performance at all this calendar year, but that doesnÂ’t mean we canÂ’t have a bit of Bond in our life. Especially now that Omaze is holding a sweepstakes for a 2021 Aston Martin DBX. Think of it as a Bond vehicle for the family driver.  Win a 2021 Aston Martin DBX and $20,000 - Enter at Omaze The 2021 DBX features a 542 horsepower twin-turbo V8 that will rocket the SUV to a top speed of 180 mph. Here's what we said about the DBX in our when we got behind the wheel: “The DBX is a crossover that can run, but my first order of business is strapping my sonÂ’s rear-facing car seat in the back. It fits pretty well, and even with him right behind the driverÂ’s seat, I still had a decent amount of room. Despite the dramatic roofline, I was able to get him in and out of the DBX with reasonable comfort. A minivan with sliding doors and a low ride height is easier, but the Aston is about as fit for toddler duty as any coupe-styled crossover can be. My sonÂ’s reaction? He loved the blue leather with its white stitching and noted the car 'yelled.' ThatÂ’s what an AMG-built turbo V8 sounds like, son. "The DBXÂ’s cabin is worth our test car's nearly $211,000 sticker. ItÂ’s interesting and stylish, rather than decadent. The all-Aurora blue leather looks and feels expensive. The sea of blue is broken up by a camel-colored Alcantara headliner, the ivory seatbelts and a light olive aspen overlay that accents the center console. The contrasting white stitching is subtle but intricate on the seats and door panels, and the seatbacks and large steering wheel proudly display the Aston badge. ThereÂ’s no shifter, but the paddles are large and easy to use, returning a satisfying clack. To select park, drive, neutral or reverse, thereÂ’s buttons set across the top of the dash, which opens up the console and ties the DBX aesthetically to the cabins of most 21st century Aston Martins. So too does the glass start-stop button centered right in the middle of the dash.

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: