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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:

A high-performance Aston Martin DB11 is on the way

It was only a matter of time before Aston Martin prepped a hotter version of its DB11. The British Automaker did the same for the DB9 with the DBS, as well as the Vanquish, Rapide, and Vantage so a performance model Aston is as predictable as an AMG anything from Mercedes-Benz. And from the looks of it, this extra-potent DB11, which we'll call DB11 S, will follow the same formula of more power, and aggressive exterior upgrades. Most noticeable is the mega-sized maw at the front. There's a bit of white-painted mesh to break up the front grille, but it's still clear that the opening has expanded all the way down to the front spoiler. That spoiler has been changed as well, featuring points on each side instead of one big arch. Moving around to the side, the slender vent that extends from the wheel arch on the standard DB11 has been exchanged for something larger. It's shaped very differently as well, looking a bit like a shark's tooth or a Star Fleet badge from Star Trek. At the back is another significant change. The rear bumper now features a clearly functional diffuser for improved aerodynamics. Vents appear around the exhaust tips, too. However, the ducktail spoiler appears unchanged, as does the rest of the rear. There are a couple of interesting details inside as well. This prototype is fitted with Recaro race seats, which are pretty neat, but will likely be replaced with cushier, leather-wrapped seats developed by Aston. Just behind the seats is something even more fascinating. This DB11S has a roll cage. It's hard to say if this is just a one-off for the prototype, or if it will make it to production. Certainly other companies, such as Porsche, have offered roll cages in production cars. But in the case of Porsche, they've only been included on the most hardcore sports cars. However, we're not sure this Aston is the same type of track-focused car that Porsche's caged examples are. View 11 Photos As a bonus, we also have more photos of the upcoming DB11 Volante, due spring of next year. It's still sporting the '80s-grade shoulder pads to hide its haunches, but the rest of the car is pretty well exposed. Naturally, the little air scoop behind the rear quarter windows was lost with the switch to a soft top, but we expect everything under the fake steel panels will be very similar to the coupe, just like the rest of the car. Related Video:

2022 Villa d'Este Concours d'Elegance Mega Gallery | The show in pictures

COMO, Italy — Held annually, the Villa d'Este Concours d'Elegance is, in many ways, Europe's version of the Pebble Beach Concours d'Elegance. It takes place in a beautiful location, and it brings together an impressive selection of rare and valuable cars. It's a real treat for the eyes, the ears, and, if you're into champagne, the palate. The 2022 edition of the show was no exception: About 50 cars were shipped to Lake Como from over a dozen countries, and it wasn't just the usual suspects. Sure, there were a lot of pre-war cars (including a couple of one-off models), but some of the icons that younger enthusiasts grew up with (like the Lamborghini Countach) were present as well. This year's event was split into eight categories: The Art Deco Era of Motor Car Design, The Supercharged Mercedes-Benz, How Grand Entrances Were Once Made, Eight Decades of Ferrari Represented in Eight Icons, "Win on Sunday, Sell on Monday," BMW's M Cars and Their Ancestors, Pioneers That Chased the Magic 300 KPH, And a design award for concept and prototypes. The jury gave the coveted "best of show" award to a 1937 Bugatti 57 S owned by Andrew Picker of Monaco, while the aforementioned classes were won by, respectively: The Bugatti 57 S, shown below, A 1936 Mercedes-Benz 540K Cabriolet, A 1956 Chrysler Boano Coupe Speciale, A 1966 Ferrari 356 P Berlinetta Speciale Tre Posti, A 1961 Porsche 356 B Carrera Abarth GTL, A 1972 BMW 3.0 CSL, A 1989 Porsche 959 Sport, And the Bugatti Bolide concept unveiled in 2020. Winning at Villa d'Este is a big deal: The cars are judged by a panel of highly experienced judges. No one gave me a scoring sheet, presumably out of fear that I'd award points to the late-model Fiat 600 lurking in the parking lot, but several cars that didn't win an award caught my eye. One is a 1934 Bugatti Type 59 Sports, a grand-prix racer that was once owned by King Leopold III of Belgium and that has never been restored — its patina is inimitable. Another is a 1961 BMW 700 RS. One of two built (the other is in the BMW collection), it's a tiny, ultra-light roadster related to the 700 and powered by a 697-cubic-centimeter air-cooled flat-twin tuned to develop 70 horsepower. It won several hill-climb events during the 1960s, and it's one of the rarest cars ever to wear a BMW roundel. Aston Martin's freshly-restored 1979 Bulldog concept was cool to see as well; check out the cassette player integrated into the headliner!