2009 Aston Martin Vantage on 2040-cars

Auto blog

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:

New Aston Martin V12 Vantage rumored with 670 hp

In August, spy photographers at the Nurburgring took pics of an Aston Martin Vantage mule doing hard laps. The primer black test car sported an extra wide body, a big ol' V-shaped mesh net on its hood likely hiding heat extractors, an enormous grille with extra intakes along the sides, and dual pipes jutting out the center of the rear diffuser. It looked like Aston Martin had put its 5.2-liter V12 into a Vantage engine bay, and reports from ears on the ground said it sounded that way, too. Remember, last year's Aston Martin Speedster was based on the Vantage chassis and was powered by that 5.2-liter V12, an engine not available in the series production Vantage. In the Speedster, that engine produced 690 horsepower and 555 pound-feet of torque. The Supercar Blog reports that its sources say a reborn V12 Vantage might have its engine restricted to 670 hp. That seems a logical number, possibly putting the V12 Vantage a notable step down from the 715-hp DBS and the 690-hp special edition Speedster. If it does get 670 hp, that figure would put it 40 ponies ahead of the DB11 with the same V12, but TSB reports the V12 Vantage will be a limited edition. Expected to arrive for the 2023 model year as part of the standard Vantage's model update, sources say there will only be 299 made.  The last time Aston Martin put its biggest engine in its smallest car, the result was arguably the best and most enjoyable car in the automaker's range. We have the same expectation this time around. Unlike the last time, though, there won't be a manual transmission on the menu; it's said the updated Vantage will go with the eight-speed automatic only. Now that the Vantage F1 Edition starts at over $160,000, a V12 Vantage could start beyond $190,000 and even creep over $200,000. Company CEO Tobias Moers has said he plans 10 derivatives of existing models by 2023, so it seems likely that this won't be the only special edition Vantage on the way.

Get your Aston Martin Vulcan in Ohio for just $3.4 million

Want to get your hands on an Aston Martin Vulcan? Good luck: the manufacturer is only building 24 of them, and each carries a price tag of over $2 million. But if you're willing to shell out, there's one for sale in Cleveland. This Fiamma Red example listed for sale on the duPont Registry is described as the first Vulcan in the United States. It bears the VIN AMLVULCANXXXXXX07, indicating that this is the seventh of those two dozen examples to be made. And it can be yours for the small matter of $3.4 million, which is one heck of a markup on a vehicle that's already enormously expensive. The Vulcan, for those unfamiliar, is the supercar that Aston Martin built specifically for use on the track. That puts it in the same league as the McLaren P1 GTR and Ferrari FXX K. The Vulcan features an old-school naturally aspirated 7.0-liter V12 rated at over 800 horsepower – mounted up front but entirely behind the axle. It's built around a carbon-fiber tub that's even stronger and lighter than the one at the center of the One-77. And that aero kit derived from Aston's GT3 racer will generate as much as 3,000 pounds of downforce at top speed. The Aston is also more rare than its counterparts, of which McLaren will build 35 and Ferrari fewer than 40. That's rather rare company indeed, in which the Vulcan looks poised to be the rarest. So if you want to gain admission into the club, it won't come cheap. Related Video: