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Aston Martin investor says demand is 'phenomenal,' returned first in China

LONDON - Carmaker Aston Martin is seeing "phenomenal" demand, boosted by a rebound in China, the company's executive chairman and billionaire investor Lawrence Stroll said on Friday. "Demand right now is phenomenal," he told the Financial Times' "The Future of the Car" digital conference. "China really returned first and strongest, and is gangbusters." Stroll led a consortium which invested in Aston earlier this year as the carmaker struggled following its 2018 stock market flotation, after which its share price slumped. Since then a new chief executive has taken over and the 107-year company, famed for being fictional agent James Bond's car of choice, did a deal in October which sees German carmaker Daimler up its stake in the firm. Shareholders approved the latest capital injection plan on Friday. Stroll said Aston's current growth trajectory meant "the public markets are the right place" for the firm whilst eying an increase in the value of its shares, which stand at 79 pence ($1.06). "They'll be significantly worth more than they are today," he said. Reporting by Costas Pitas, editing by David Milliken and Louise Heavens

Why you should run out and buy a vintage Aston Martin Lagonda right now

Aston Martin has a reputation for crafting some of the world's finest luxury GTs, and with a little help from James Bond, it has also become a quintessential British brand. While the company's models are known for combining speed and luxury, they certainly aren't recognized for being inexpensive. However, there might be a way to get the Aston badge and potentially make a little extra money if you ever decide to divest. Bloomberg suggests looking outside the mainstream by taking a closer look at the original wedge-shaped Lagonda (above). First shown in the mid '70s, the Lagonda looks like nothing else on the road before or since. Early models feature pop-up headlights and styling so sharp the sedan appears to be slicing through the air, even while sitting still. Later revisions softened the design slightly, and even Aston Martin's modern reinterpretation (inset) doesn't go as far as its predecessor. The interior is what really makes the Lagonda famous (or infamous), though. With instruments displayed on LEDs or CRT screens, depending on model, it's like the science fiction in there. Power is provided by a 5.3-liter V8 quoted at around 280 horsepower, according to Aston Martin. Unfortunately, the Lagonda's avant-garde styling and reputation for unreliability hasn't garnered much love for the super saloon over the years. Aston Martin only made 645 of them by the time production ended in 1989. The tide appears to be turning, though, and the sedan's value is rising strongly. According to Bloomberg, citing Hagerty, prices currently average about $44,000, up 61 percent since 2010, and the later, somewhat more reliable examples are up 85 percent. Perhaps those values are soaring because those lining up for the new Lagonda (a.k.a. Taraf) are looking for a historical counterpart to display alongside their next car. Head over to Bloomberg to get the full story on why it might be time to reconsider these once unloved four-door Astons.

Aston Martin's extremely British DBS Superleggera special edition: DBS 59

Aston Martin just released a new special-edition model called the DBS 59. The name pays respect to Aston Martin's 1-2 finish in the 1959 24 Hours of Le Mans with its DBR1 race cars. This car is based off the 715-horsepower DBS Superleggera, the fastest vehicle in Aston's current lineup. All the changes for the special edition car are visual, but they make for one hell of a stunner. Every DBS 59 will be painted in British racing green and use a plethora of gloss carbon fiber on the exterior. You'll see the carbon on the roof, roof strakes, rear valance, spoiler and hood louvers. To complement the carbon fiber, Aston used bronze accents in some spots like the front grille, badging, brake calipers and wheels. It all comes off as very British, and we're loving the classy looks of it. The interior is actually tri-toned. There are brown and black leather seats, but British racing green trim is found in some areas as an accent. Fabric designed to harken back to the same stuff used on the DBR1 was commissioned for the DBS 59's seat backs and door inserts. You get one of the cooler accessories packages with the car: The rear compartment holds special DBS 59 crash helmets. Period-correct blue race overalls, racing gloves modeled after those worn in the 1959 race, a bespoke two-piece luggage set and a car cover specific to your model number all come with the car. Speaking of model numbers, Aston Martin plans to make 24 of these — you know, because there are 24 hours in the 24 Hours of Le Mans. Each car will have a small white painted number next to the side strakes to signify which one you got. All the mechanicals are the exact same as the normal DBS Superleggera. That's totally fine — the Superleggera goes 211 mph. Aston Martin doesn't provide a price, but you can order one now. Our guess is, if you have to ask, you can't afford it. Related video: Featured Gallery Aston Martin DBS 59 Image Credit: Aston Martin Aston Martin Coupe Luxury Performance supercar aston martin dbs superleggera