2002 Aston Martin Db7 Volante Vantage on 2040-cars

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Aston Martin's lifeline buys carmaker time as SUV hits road

Canadian billionaire Lawrence Stroll and investors have rescued Aston Martin with a 500 million pound cash injection that analysts say will help stabilize the British carmaker whose first sport utility vehicle (SUV) is set to hit the road. Stroll agreed to buy up to 20% of the 107-year-old company and will become executive chairman of James Bond's automaker of choice, which has gone bankrupt seven times in its checkered history. A consortium led by Stroll will invest 182 million pounds($239 million), whilst major existing shareholders - primarily Italian and Kuwaiti private equity groups - will be part of a rights issue to raise 318 million pounds. "It likely gives them enough liquidity to tide them over for a couple of years," said Charles Coldicott, Redburn equity research analyst. Outgoing chairwoman Penny Hughes, who will be replaced by Stroll, spelt out the degree of trouble the firm has been in after core sales fell last year. "The difficult trading performance in 2019 resulted in severe pressure on liquidity which has left the company with no alternative but to seek substantial additional equity financing," she said. "Without this the balance sheet is not robust enough to support the operations of the group." Now Aston will need to turn the financial lifeline into part of a sustainable plan as it delays investment in electric vehicles and cuts its operating costs. A key future milestone includes around 1 billion pounds worth of debt due to mature in 2022. The company also suffers from lower gross margins than rival Ferrari, according to analysts at Jefferies, who have said scaling up is just as important as extra capital. Key to the company's success is its first foray into the lucrative SUV market, a late entrant compared to many rivals such as Volkswagen-owned Bentley and BMW's Rolls-Royce. Aston has built a new factory in Wales to make the model, known as the DBX, which it hopes will attract more women to the brand and some buyers to purchase both it and a vehicle from its traditional line-up. With the DBX model not due to roll off the production line until the second quarter of this year, the firm has taken the cost with only some of the benefit so far. Based in central England, Aston said earlier this month that it already had around 1,800 orders for the car which will retail for 158,000 pounds in Britain, a "materially better" rate than for any previous models.

Aston Martin V12 Vantage revealed as the last of the line

The Aston Martin V12 Vantage is here, and it's a wild sendoff to the littlest 12-cylinder, front-engine sports car in the company's lineup. Yes, this will be the last Vantage to get the twin-turbo 5.2-liter V12. As such, it's going to be produced in very limited numbers with a whole bunch of special features to make the most of the beefy engine under the hood. That V12 is a familiar unit, as it has also appeared in DB11 and DBS variants, as well as the Vantage-based V12 Speedster. The engine is tuned to the V12 Speedster's specifications with 690 horsepower and 555 pound-feet of torque, the latter of which is available from between 1,800 to 6,000 rpm. It's paired to an eight-speed ZF automatic transmission in the middle and a mechanical limited-slip differential at the rear. Aston says the powertrain will propel the V12 Vantage to 60 mph in 3.4 seconds on the way to a 200 mph top speed. Surrounding the engine is a thoroughly revised body. It's about 1.6 inches wider overall to accommodate the wider track and fat tires (275-mm front and 315-mm rear). The front grille is 25% larger than on a normal Vantage to provide more cooling, and the hood has a scalloped vent for the same reason. Many of the body components are made of carbon fiber for weight savings including the bumpers, side skirts, fenders, hood and trunk lid. Adding both visual excitement and additional downforce are the front splitter, side skirts, rear diffuser and wing. They provide 450 pounds of downforce at top speed. If a buyer finds the wing to be a bit much, though, it can be deleted, though downforce would be reduced. The V12 Vantage also gets a special center-exit exhaust that weighs nearly 16 pounds less than the standard Vantage exhaust. Naturally, the chassis gets upgrades to handle the V12 Vantage's power. In addition to being wider, the V12 Vantage's chassis is stiffer thanks to added sheer panels, a rear shock tower brace and fuel tank bracing. The adaptive suspension features stiffer springs are stiffer, as are various bushings and the front anti-roll bar. The rear anti-roll bar is actually softer, though. Carbon ceramic brakes are standard with six-piston front calipers and 4-piston rear calipers. On the inside, the V12 Vantage is pretty similar to a regular model, but it gets standard Sports Plus Seats with semi-aniline leather with quilted stitching and perforations.

2019 Aston Martin DBS Superleggera spied at Nurburgring in coupe form

We got one of our best looks at the upcoming 2019 Aston Martin DBS Superleggera when a convertible Volante version was spied testing. This time, we get a preview of the coupe version out at the Nurburgring. For the most part, it looks like that convertible, but with the DB11's hard top and floating roof design. There are some other detail changes, though. The next most obvious difference is the set of wheels on this coupe. The simple, thin, split five-spoke wheels of the Volante have been traded for more aggressive, more overtly styled wheels. They're still split five-spokes, but more angular and directional. In between the wheels, we see that the rocker panels have been redesigned. There are large openings behind the front wheels, and wide sills extend backward from those openings, eventually merging with the rear fenders. At the back are yet more differences from the convertible. There's a much bigger diffuser at the rear bumper. The exhaust tips are now all the same size, instead of the small outboard ones on the Volante. The taillights are more covered up, too, and what we can see appears to be different and more simple than those on the convertible and normal DB11. Finally, we get our first look at the inside of this new Aston. And it really does just look like the interior from the DB11. But if the exterior changes we've seen are any indication, there's a good chance that the interior could still see some updates. We won't have to wait long to see the final product. Aston Martin announced that it would reveal the DBS Superleggera this month. It will be the company's new flagship sports car, and could have as much as 700 horsepower. Related Video: