2003 Aston Martin Db7 Vantage Rare Anniversary Coupe V12 46k #18 on 2040-cars

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Aston Martin to cut 15 percent of workforce

Aston Martin has announced it will slash nearly 300 jobs, or about 15 percent of its total workforce, as part of a cost-cutting bid. The changes aren't going to come on the factory floor, though. Instead, according to the Unite trade union, the majority of firings will involve white collar employees – administrators, managers, and the like – at the company's headquarters in Gaydon, England, Bloomberg reports. In an emailed statement to the business outlet, Aston Martin said eligible employees will be offered early retirement options. While Aston said there'd only be 295 employees released, Unite put the number at no more than 314. "Collective consultation with employee representatives, including Unite, has begun and the company is working with them to minimize the risk of compulsory redundancies," the union told Bloomberg. Aston Martin added that this move will have no impact on the company's production figures, although it's unclear what it could mean for future vehicles, like the production DBX and upcoming DB11. Related Video:

British firm helps Aston Martin, Zagato re-create commemorative Vantage

In early 2012, Aston Martin honored its decades-old partnership with Italian coachbuilder Zagato by introducing the aptly-named limited-edition V12 Zagato at the Geneva Motor Show. Fast forward to 2020, and a British firm with Swiss roots named R-Reforged has obtained permission to build 38 additional cars it will sell as pairs. These are continuation cars like the ones made by Alvis, Bentley, and Shelby, among others, but the gap they bridge is much smaller than we're used to. R-Reforged starts with a V12 Vantage platform and keeps the naturally aspirated, 5.9-liter V12 engine. It's tuned to deliver 600 horsepower, a 90-horse increase over the original's rating. Enthusiasts can choose between an automatic transmission and a seven-speed manual. Rear-wheel drive is the only configuration available regardless of pedal count in the driver's footwell. R-Reforged is bringing back the coupe and convertible variants of the Zagato-bodied Aston, and both make extensive use of carbon fiber to keep weight in check. They also gain center-locking 19-inch alloy wheels and a deployable rear wing for added stability. It replaces the much bigger wing fitted to the 101 examples of the car manufactured in the early 2010s. The sky is the limit when it comes to customization; R-Reforged can turn any color sample into a paint color. Customers will have the opportunity to watch their car being built, too. R-Reforged will only sell the 19 coupes and 19 convertibles in pairs, so plan on freeing up two spaces in your garage before reserving a pair of build slots. Act fast, too, because a majority of the production is spoken for, according to the company. Pricing has been set at $2.2 million for the pair. To add context, Aston Martin originally charged GBP330,000 for the V12 Zagato, a figure that converts to approximately $400,000.

Aston Martin is building eight Valkyrie prototypes, here's the first trio

Aston Martin and Red Bull Racing are still developing the high-performance Valkyrie supercar, and recently, Formula One drivers Max Verstappen and Alex Albon were given the opportunity to test out the prototypes. Verstappen and Albon were given the reins to verification prototype 1 (VP-1), while never-before-seen VP-2 and VP-3 lapped Silverstone at the hands of Aston Martin test driver Chris Goodwin and Aston Martin Racing World Endurance Championship drivers Darren Turner and Alex Lynn.  After publicly unveiling VP-1 at the 2019 British Grand Prix, Aston Martin recently brought two new verification prototypes into the fold. Aston Martin has been using the Silverstone circuit near Northampton, England, for its testing process, and it seems that will continue for the rest of the verification prototypes. In total, Aston Martin will build eight.   Aston Martin collects data and observations not only from its own test drivers and engineers but from its professional drivers too. For Albon, it was his first time seeing the car in person. In a press release, Albon offered some details about how the car will position itself to its customers.  "Obviously there’s still some development to do, but already it feels very good, especially the balance between the corners," he said. "ItÂ’s light; it feels sharp. Sure, compared to an F1 car, youÂ’re missing the outright downforce, but you still feel the Gs in the corners and it definitely reacts closer to an F1 car than a normal road car."  Aston Martin plans to have the Valkyrie tuned and ready for customers in the coming months, but don't expect deliveries to begin until the second half of the year. In related news, Road & Track cites a Racer report that says Aston Martin will pull back from its intentions to race the Valkyrie in the 2020–2021 World Endurance Championship and Le Mans. The report, which says a formal announcement is coming February 19, comes shortly after news that Aston Martin received an investment from Canadian billionaire Lawrence Stroll.