2007 Aston Martin V8 Vantage Base Hatchback 2-door 4.3l on 2040-cars

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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

Aston Martin CFO departs as stock hits a record low, losses deepen

LONDON — Aston Martin shares slumped to a record low on Thursday after the British luxury carmaker said its losses ballooned last year and its chief financial officer would leave by the end of April. The firm, famed for being fictional agent James Bond's car of choice, posted a pretax loss of 104 million pounds ($135 million) last year compared with 68 million pounds in 2018 following a 9% decline in sales to dealers. Aston Martin is in the midst of restructuring after announcing last month that a consortium led by Canadian billionaire Lawrence Stroll would buy up to 20% of the company and existing shareholders would inject more cash. Its shares, which were listed in October 2018, have been on a steady downward trajectory ever since and hit a record low of 328 pence following the announcements on Thursday, more than 80% lower than their flotation price. "The big difference between last year and this year is the strength of the balance sheet," Chief Executive Andy Palmer told Reuters. "We're in a very different place and have therefore an ability to properly ... destock and that means get the balance right between supply and demand." Chief Finance Officer Mark Wilson will step down from his role no later than April 30 but had not been fired, said Palmer. Coronavirus impact China, Aston's fastest growing market, was a rare bright spot last year with sales rising 28% but the company, like the rest of the industry, has seen demand drop due to the coronavirus outbreak. The virus has infected more than 80,000 people and killed about 2,800, the majority in China, confining millions to their homes, disrupting businesses and delaying the reopening of factories after the extended Lunar New Year holiday break. Aston has seen disruption to the arrival of certain parts but said it had not had to stop production at its factories, with components secured until at least the end of March because it has no direct suppliers in China. "Since almost the first weeks of the New Year we've had issues with those Tier 2 and Tier 3 (suppliers) which have meant that our supply chain guys have had to be on it constantly," said Palmer. "We're ironically benefitting from the fact that we built up a Brexit stock," he said, in a reference to extra components the firm held in case Britain's departure from the European Union led to additional delays in the movement of goods.

1980 Aston Martin Bulldog concept will reattempt to break the 200-mph barrier

Aston Martin's 1980 Bulldog concept will receive a second chance to break the 200-mph barrier after it emerges from a complete, 18-month restoration. It was developed with all-out speed in mind — the British company had hoped the coupe would become the fastest car in the world, but it missed its target before getting shelved. Had things gone as planned, car-crazed kids in the 1980s would have grown up with a picture of the Bulldog on their bedroom wall. Aston Martin wanted to hoist itself up the exotic car pecking order by building the fastest car in the world, though it didn't envision more than a limited production run of 15 to 25 cars. Penned by William Towns, who also drew the Lagonda, the Bulldog looked like nothing else on the road (let alone in the Aston Range) due in part to its five center-mounted lights, and it broke with tradition by adopting a mid-mounted engine. Engineers floated a top speed of 237 mph, according to The Drive, but the Bulldog ran out of breath at 191 mph. Victor Gauntlett axed the project shortly after taking the top job at Aston Martin in 1981 because the numbers didn't add up; the firm wasn't in a position to chase speed records. Now, 40 years later, it's almost time to try again. Classic Motor Cars began the lengthy process of restoring the Bulldog on behalf of a private owner in 2020, and it enlisted the help of Aston Martin factory driver Darren Turner to see if it can break the 200-mph barrier once it's back in one piece. Richard Gauntlett, the son of the company's former boss, is overseeing the project. We don't know precisely when or where the speed run will take place, but Classic Motor Cars aims to have the Bulldog running by the end of 2021. In a statement, it said that the car is "well on the way to being restored." Restoring any exotic car from the early 1980s is a meticulous, expensive, and time-consuming process, and bringing a one-off concept car back to life increases the number of challenges exponentially. Classic Motor Cars can't order parts from Aston Martin, for example, and it's not able to study another example to find out how a specific panel is welded. It helps that the Bulldog hasn't been significantly modified over the past four decades, though some parts (like the door mirrors) were added later, and that it was complete when it arrived at the shop. Power for the Bulldog comes from a 5.3-liter V8 that's twin-turbocharged to 600 horsepower, figures that are still respectable in 2021.