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Aston Martin teases the DBX again ahead of December debut

Aston Martin began the teaser campaign for the DBX two months ago with a 37-second video of the coming crossover on a romp over dirt roads, carousing and drifting through a magenta landscape. The next month brought a dynamic tease, the DBX running up the hill at Goodwood. Now another teaser is out, this one called The Grille, focused on that trademark Aston Martin component. The dreamy vid, laid out like an opening credit sequence for a Bond film, is captioned, "Aston Martin’s first SUV features the iconic DB grille." In case that's not enough to make the connection, the DB11 opens the 41-second clip before eventually transitioning into the DBX. The DBX is built on the same Second Century Architecture supporting the DB11, the SCA also planned to carry the Lagonda's future lineup of electric vehicles. Power will come from the same Mercedes-AMG-sourced 4.0-liter twin-turbocharged V8 found in the DB11 and the Vantage. If the horsepower rumors come true, we can expect 503 ponies from the charge, same as found in the 2020 Mercedes-AMG GLC 63 S Coupe, and something like 516 pound-feet of torque. The engine being hooked up to a Mercedes electrical architecture helps explain the surfeit of Mercedes-looking switchgear inside the DBX cabin, including what looks like a heavily MBUX-inspired infotainment system. Without stating a figure, Aston Martin makes note of DBX towing capability; the GLC 63 can manage 3,500 pounds, enough for the DBX to pull the required barrow of champagne to Royal Ascot 2020. The reveal is scheduled for December, deliveries to come in 2020 after units roll off the carmaker's new factory in St. Athan, Wales. Production numbers are penciled in for 5,000 units per year. The order book opened over the weekend at Pebble Beach; selling the planned annual production would nearly double the company's annual sales.

Aston Martin DB11 already has over 1,400 pre-orders

It's barely been a month since Aston Martin revealed the new DB11 at the Geneva Motor Show. The company hasn't even announced all the details yet, but it reportedly has already topped 1,400 pre-orders for the new model. "I think we're at more than 1,400 orders now," Aston chief Andy Palmer told the Motor Report, "which is great for a car that we've not really released the whole details about, and isn't available to be purchased until September." That's impressive considering that the company only sells around 4,000 vehicles each year. View 42 Photos Aston plans to ramp up production to 7,000 units annually, and the arrival of the new DB11 represents a major step forward for the niche automaker. It replaces the DB9 that's been on the market since 2004 and has – alongside the Vantage that's nearly as old – served as the basis for most of the vehicles the company has made over the past decade. However, the DB9 is built on a new platform and uses a new engine and transmission (among other components) supplied by Mercedes-AMG. Its 5.2-liter twin-turbo V12 drives 600 horsepower and 516 pound-feet of torque to the rear wheels through an eight-speed automatic. Aston's latest is slated to reach US dealers in the fall, with a price tag starting at $211,995. That represents only a small increase over the base price for the DB9 GT, which starts at just under $200,000. Rival Bentley's Continental GT tops out in Speed spec just a bit higher at $227,600. Related Video:

Aston Martin shares plunge to new low following half-year loss

LONDON — Shares in Aston Martin plunged 17% to a post-flotation low on Wednesday after the luxury British carmaker slumped to a half-year loss, the latest automotive firm to be hit by falling demand in Europe. Aston Martin, best known as James Bond's favorite marque, has been undergoing a turnaround plan since Chief Executive Andy Palmer took over in 2014, designed to renew and boost its model line-up and move into new segments. The plan led to an autumn 2018 stock market flotation. But its shares have since fallen by around three quarters from their 19 pounds float price to below 5 pounds, hit most recently by the group's weak performance in Europe, the Middle East and Africa, where half-year demand fell by nearly a fifth. The group posted a pretax loss of 78.8 million pounds in the six months through June from a 20.8 million pound profit in the first half of 2018. Its shares were down 17% at 4.71 pounds by 0748 GMT. "We are disappointed that our projections for wholesales have fallen short or our original targets, impacted by weakness in two of our key markets as well as continued macro-economic uncertainty," Palmer said. Overall wholesale demand grew by 6% in the first six months as the group posted strong increases in the Americas and Asia, but a decline in Britain and the rest of the continent prompted the carmaker to cut its full-year forecast. Aston has also been hit by expansion costs as it builds a new factory in Wales to make its first sport utility vehicle, and a lower average selling price. The company said that if it requires some additional financing it would pursue the funds from sources such as the debt markets. The global car industry has been hit by weakening demand in China and a drop in demand for diesel vehicles in Europe, as well as the cost of electrification. Nissan reported plunging profits last week and said it would undertake its biggest restructuring plan in a decade, axing nearly a tenth of its workforce. But 106-year old Aston also faces the risk of a disorderly Brexit disrupting its wholly British production, as delays at ports due to new bureaucracy could slow down the movement of vehicles and components. "We do not want a no-deal Brexit because of the disruption that causes to issues at the border," said Palmer.