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Aston Martin considers manufacturing cars in America

Aston Martin is getting closer to determining where it will built its new assembly plant. An initial shortlist included 19 possible locations, and now the company has reportedly narrowed it down to just four – two in the UK, one in the Middle East, and one here in the United States. The decision, however, may be dictated as much by outside factors as it is by the automaker's own preferences. The new plant is earmarked to handle production of the forthcoming new DBX. If Aston decides to build the crossover based on Mercedes underpinnings, it could opt to locate its assembly plant in the Southern United States to be close to the Alabama plant where Benz builds the GLE- and GLS-Class models. If Aston elects to build the DBX on its own chassis, it could open up a number of other options. According to Reuters, that could include two potential sites in the United Kingdom and another in the Middle East. The British automaker was previously reported to be closely considering a former Royal Air Force base in Wales to build its plant with considerable government incentives. Jaguar's former Browns Lane plant in Coventry was also said to be in contention. But Reuters reports that an 80-acre plot just to the north of Coventry in the Sutton Coldfield area is also on the table. Few details are known as to the potential Middle Eastern site, however the company is part owned by several Gulf-region shareholders. Although the largest portion of 39 percent is held by Italian holding company Investindustrial and 5 percent by Daimler, much of the remaining 56 percent is held by Kuwaiti investment companies. We don't doubt, then, that the oil-rich Persian Gulf state is in contention as well.

Mercedes-Benz to boost stake in Aston Martin to 20%, lend it some tech

Daimler unit Mercedes-Benz is to lift its stake in Britain's Aston Martin to up to 20% by 2023, making it one of the struggling British carmaker's largest shareholders, Aston said on Tuesday. Aston Martin, popular for being James Bond's carmaker of choice, has suffered a torrid time since it went public two years ago, with its shares losing two-thirds of their value this year. The 107-year-old firm hired Tobias Moers, former CEO of Mercedes-AMG, as its new boss from August. Aston said the increase in Mercedes-Benz's stake, from 2.6% currently, would take place in several stages as part of a wider issue of 250 million shares at 50 pence each. The stock issued to the German group will have a maximum value of 286 million pounds ($372.7 million), it said. The deal will see an existing supply agreement between the two firms, in place since 2013, expanded to give Aston Martin access to key Mercedes' technology, including hybrid and electric drive systems. "We take another major step forward as our long-term partnership with Mercedes-Benz AG moves to another level, with them becoming one of the company's largest shareholders," said Aston's chairman and biggest shareholder Lawrence Stroll. The German firm will get the right to nominate one non-executive director to Aston Martin's board after its first shareholding increase, the London-listed firm said. Aston, which has started deliveries of its first sport utility vehicle, the DBX, said on Tuesday it swung into an adjusted core loss of 29 million pounds in the third quarter, versus a profit of 43 million pounds last year. Revenue in the period nearly halved to 124 million pounds, it said. Aston Martin is targeting annual capex of 250 million pounds to 300 million pounds per year between 2021 and 2025. It envisages production volumes of about 10,000 units, revenues of about 2 billion pounds and adjusted core profit of 500 million pounds by financial years 2024 or 2025.

Aston Martin DB10 spied in action on James Bond Spectre set

Spectre, the next film in the James Bond franchise, is due for release on November 6 of this year. That means there's filming happening right now all over Europe as scenes are stitched together, and one of them involves the Aston Martin DB10 shuffling through maneuvers at Blenheim Palace in Oxfordshire, England. Our guess is that Bond has become an unwelcome guest at a fancy event – there's a Porsche 959 and a Bugatti EB110 in the courtyard – which is why he is forced to make one of his quick-reversing escapes under fire. While that was being captured last week, the Spectre production crew put together another behind-the-scenes clip from filming in Austria, which gives us a look at the Range Rover Sport SVR and Land Rover Defender "Bigfoot" crushing it up some snowy mountain passes. That clip is below. Yes, we're excited. News Source: L Verse Studios via YouTube, Motor Trend TV/Movies Aston Martin Land Rover Coupe SUV Luxury Off-Road Vehicles Performance Videos spectre aston martin db10