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Aston Martin announces $306M in funding to build DBX, 'other new luxury vehicles'

Aston Martin has just gotten one step closer to building a crossover, as the British outfit has secured a 200-million-pound (about $306 million at today's rates) infusion of capital from its leading shareholders. The money will allow Aston Martin to develop "a new vehicle based on the DBX concept," although just how closely the production model will adhere to the concept's styling is unclear. Andy Palmer, the company's CEO, also hinted at other models being added, thanks to the funds. "This additional long-term funding, will enable us to add extra model lines and broaden our presence in the luxury market segment by the end of the decade. The DBX concept has generated interest far beyond our expectations," Palmer said in the attached statement. "The additional investment announced today will allow us to realize the DBX and other new luxury vehicles that will form the strongest and most diverse portfolio in our history." It's unclear what these "other new luxury vehicles" will include. Previous reports have indicated a Lagonda-badged replacement for the aging Rapide will be added to the range, although considering the age of the rest of Aston Martin's lineup, it's a safe bet that at least some of this money will also be put towards vehicles beyond the new CUV and sedan. Scroll down for the full press release from Aston Martin. Related Video: ASTON MARTIN LAGONDA ISSUES GBP200 MILLION FUNDING FOR PRODUCT EXPANSION • Investindustrial and Tejara Capital led a further GBP200 million in investment capital in the form of preference shares • Enables production of DBX luxury crossover, building on range of iconic luxury sports cars • FY 2014 revenues of GBP468 million and adjusted EBITDA of GBP66 million announced 30 April 2015, Gaydon: Aston Martin Lagonda today announced that with the leadership of its major shareholders, it has arranged additional committed funding of GBP200 million, enabling the 102-year old luxury sports car manufacturer to develop significant new luxury models that will drive the future of the company under its strategic business plan. The additional capital investment comes in the form of GBP200 million of preference shares; GBP100 million of which were issued on 29 April 2015 with the remaining GBP100 million – already subscribed for - to be issued in the next twelve months, and will further expand the previously announced investment plan. This major investment in new luxury models is at the core of Aston Martin's strategic vision.

Aston Martin reveals new V12 Vantage S Roadster as its fastest droptop to date

You have to hand it to Aston Martin. Its entry-level V8 Vantage may be nearly a decade old, but the British automaker never tires of rolling out ever more powerful versions. Where the original packed a 4.3-liter V8 derived from a Jaguar design and producing 380 horsepower, this latest version packs 565 hp to become the company's quickest and fastest roadster to date, not to mention its most powerful. Following the debut of the V12 Vantage S coupe, the new V12 Vantage S Roadster packs the most powerful iteration of Aston's ubiquitous 6.0-liter V12 engine to date. Equipped with CNC-machined combustion chambers and hollow camshafts, unburdened of 44 pounds of excess weight and mated to Gaydon's latest Graziano-developed Sportshift III seven-speed sequential gearbox, that engine is capable of propelling the open-top rocket to 60 in 3.9 seconds en route to a top speed of 201 miles per hour. That's considerably quicker than the flagship Vanquish Volante, which runs to 60 in 4.1 seconds and tops out at 183 mph, painting the V12 Vantage S Roadster as Aston's most performance-focused droptop to date. It's also got a flatter and fatter torque curve than the previous V12 Vantage Roadster, three-stage adaptive damping, three-stage stability control and two-stage ABS, carbon-ceramic disc brakes and a lightweight exhaust derived from the pipes on the One-77. Like what you see? There are more details to digest in the press release below, including a full range of customization options from the Q by Aston Martin catalog. ASTON MARTIN V12 VANTAGE S ROADSTER – AN OPEN INVITATION TO EXCITEMENT - Debut of the luxury brand's most potent and exhilarating roadster yet - 6.0-litre V12 engine: 565 bhp and 620 Nm delivers 201 mph top speed - Supreme agility and intense excitement characterise new model Aston Martin is opening up a new world of exhilarating driving excitement with the announcement of the hotly anticipated V12 Vantage S Roadster. When it arrives in markets around the world later this year the new sports car will become the luxury British marque's most potent, fastest and fastest-accelerating series production roadster to date and follows in the broad tyre tracks of the V12 Vantage S Coupe that was launched to worldwide acclaim in 2013.

Aston Martin crafts one-off equestrian-themed DB9 Volante

Ask most people what kind of cars Aston Martin makes and they'll probably tell you it makes sports cars. But it doesn't. No, Aston Martin actually makes luxury GTs that focus at least as much on fine craftsmanship as they do on outright performance. In other words, any Aston Martin – from the 'entry level' V8 Vantage to the flagship Vanquish – packs an unrivaled attention to detail. But for those looking for that extra measure of exclusivity and intricacy, there's Q by Aston Martin. And this is its latest project. Similar to the Ferrari Tailor Made program, Lamborghini Ad Personam, Porsche Exclusive or Rolls-Royce Bespoke, Q by Aston Martin is dedicated to meeting the specific needs of individual customers who want their luxury GT crafted just so. We've seen several specially crafted and eye-catching Q projects at auto shows around the world, created to showcase what the division can do. This one was commissioned by a dealership in Los Gatos, CA. Starting with a DB9 Volante, the Q division gave it an equestrian theme with saddle tan leather with diamond-quilted ivory Alcantara trim, light burlwood veneer, specially-embroidered horse-head logos and saddle-style luggage fitted to the rear console. The exterior is finished in Ashen Blonde metallic with ten-spoke diamond-turned wheels in satin champagne and Howlite stone-inlaid logos. This one-off DB9 will be auctioned off at the Menlo Charity Horse Show, held August 5-10 at the Menlo Circus Club in Atherton, CA, with proceeds to benefit the Vista Center for the Blind & Visually Impaired.