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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.

2020 Aston Martin DBX pricing, interior revealed

We’ve gotten the rundown on the 2020 Aston Martin DBX's performance specs and heard the sound of its V8, seen the grille and learned about its dog-friendly Pet Pack and other accessories. There's also all those spy shots of mule versions running about. Now we have our first image of the interior and details on pricing of AstonÂ’s first SUV ahead of its Nov. 20 unveiling in Beijing. First up, the price. And it ainÂ’t cheap, but you knew that, because itÂ’s an Aston Martin. The off-road-capable luxury crossover will start at $189,900 here in the United States. That puts it in the rarified air of competitors like the Lamborghini Urus, the Rolls-Royce Cullinan and the Bentley Bentayga. For that kind of cheddar, youÂ’d better be riding in style. The interior photo, taken from the rear seat looking forward, shows a butterscotch-colored cabin, with stitched leather seats, what appears to be an Alcantara headliner, backseat climate controls with vents in the center console and on the B-pillars and, up front, a large touchscreen framed in an oval-shaped cluster. Aston says the bridged center console offers storage space below for handbags or other large items. ThereÂ’s also a huge, full-length glass roof and broad side windows, and weÂ’re told — but offered no concrete measurements — of class-leading front and rear legroom, and an abundance of space throughout. Aston says it did extensive customer research and carefully consider the ergonomics needs of a broad range of male and female occupants, with more than six months alone dedicated to determining the exact and best position of the driver within the vehicle and a "Female Advisory Board" to help dictate the layout of dashboard controls. Aston also wants us to know that it gave special consideration to backseat passengers and children. The decision to use an all-new platform and its longer wheelbase allowed designers to optimize cabin space while keeping the low roofline. The DBX will produce 542 horspower and 516 pound-feet of torque from the twin-turbo 4.0-liter borrowed from Mercedes-AMG, making it the most powerful version of the engine used in an Aston. Order books open after the reveal later this month.

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.