2005 - Aston Martin Db9 on 2040-cars

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Aston Martin to raise funds for new models including CUV, hybrid

Aston Martin CEO Andy Palmer named three leads for new vehicle programs when he took the reins, now the company is looking for the money to give those leads something to do. Reuters reports that the Gaydon firm is considering debt or equity financing to raise 100 to 150 million pounds ($156M to $234M US) in funding for "an expansion from the current model range," according to an unnamed source. On top of that investment round, Aston Martin is overhauling its working capital streams to unlock more funds. As one of the industry's few remaining independent carmakers, the company has an intense five years ahead of it, working to revamp its current vehicles with a 500-million-pound investment, entering new segments to grow sales to roughly 10,000 units annually from 4,200 cars in 2013, and pay down hundreds of millions of pounds in current debt. The big high notes observers will be looking for over the next few years are the successor to the DB9, pegged for 2016, profitability predicted in 2017, a huge debt note due in 2018, and the formal end of the recovery period in 2020. Our own eyes will be locked on the DB10 in Spectre, naturally, and the Lagonda-honoring Taraf in other markets, hopefully. At least one of the new vehicles is expected to be a crossover, a segment Aston seemingly cannot ignore now that Bentley and Rolls-Royce are committed to making plays there. However, Reuters says an official announcement of what we can expect won't come until the 2015 Geneva Motor Show. Among the other models said to be up for funding? Sedans (perhaps including a Rapide replacement?) and an unspecified hybrid.

2022 Aston Martin Vanquish to offer a manual transmission

The retail versions of the Aston Martin Valkyrie and Valhalla remain a ways off, but carmaker CEO Andy Palmer but has given us something to look forward to beyond the flagship hypercar and its baby brother. Palmer told Australian outlet Car Sales that the Vanquish would be offered with a manual transmission. The pledge fulfills Palmer's previous statement "that I want to be the last manufacturer in the world to offer manual sports cars, and I want to honor that commitment." There's at least one potential caveat with this: The seven-speed dogleg manual transmission recently released for the Vantage AMR forced a reduction in power numbers. The gearbox, developed with transmission maker Graziano to work with the Mercedes-AMG-sourced 4.0-liter twin-turbo V8, cut torque to 461 pound-feet compared to 505 lb-ft in the automatic-equipped coupe. The detune added 0.3 seconds to the 0-60 mph time, but we're confident buyers were happy with the compromise and tech bits that allowed full-throttle upshifts and rev-matching downshifts. The Vanquish will use an electrified, twin-turbocharged, 3.0-liter six-cylinder developed in-house at Aston Martin. Even so, with a lot more power and torque expected in order for the Vanquish to stand above the Vantage and battle the Ferrari F8 Tributo, McLaren 720 S, and Lamborghini Huracan, buyers could again face abridged output. Aston Martin hasn't said a word about figures, but the F8 and 720 S already crest 700 hp and bring 568 lb-ft. The Valhalla, which will use the same engine as the Vanquish but is predicted to pack around 1,000 hp, will forgo the manual. Palmer told Car Sales, "that car will only come with a paddleshift transmission." As with the Ferrari, but unlike the McLaren and the Lamborghini, the Vanquish gets a bonded aluminum tub instead of carbon. Aston Martin designed carbon tubs for the Valkyrie and Valhalla for "owners happy to sacrifice comfort for ultimate speed." Palmer explained the Vanquish's intended daily-driver usability drove the choice for aluminum, which permits a lower, narrower sill for easier ingress and egress. Having two architectures is more expensive for the small company, but Palmer explained, "Unlike McLaren we're not trying to stretch the same assets over and over again. Our approach is ... hopefully ...

Aston Martin boss says DBX is about securing the future

The Aston Martin DBX was a revelation when it debuted at the 2015 Geneva Motor Show. Not only did the concept evolve the British brand's traditional shape into a high-riding crossover coupe, there were electric motors to power each wheel. Just a few weeks ago, we learned that the company secured $306 million in funding to actually bring the DBX to production. Now, CEO Andy Palmer is talking about just how important the model is for the future. With the DBX moving into such a radically different segment than the rest of the lineup, the model gives Aston Martin the opportunity to go after a new group of customers. "You can't create enough working capital with just 7,000 cars a year whichever way you look at it. You've got to extend the portfolio somewhere, and I'd rather do this than sell caps and t-shirts," Palmer said to Auto Express, taking a slight dig at Ferrari. While Aston calls the DBX a crossover, its coupe-like lines don't look like any other vehicle in the segment, especially other high-style CUV attempts like the BMW X6 and Mercedes-Benz GLE-Class Coupe. Apparently, that differentiation is entirely on purpose. "We think there is a different space to the traditional SUV. Why? Because we make beautiful cars, and it's hard to make a beautiful SUV. It's hard to make a box beautiful," Palmer said to Auto Express. The production DBX will gain two more doors for the start of production in 2019, according to Auto Express. The high-performance electric powertrain will remain, though, and Aston will aim for a range of over 300 miles. Earlier reports also suggested that the CUV could be produced at a new factory in the US. Aston Martin isn't abandoning its performance legacy entirely, though. The DBX is just one part of Palmer's Second Century plan, and the other major pillar is replacing every model in the brand's lineup by the end of the decade. One of them has already been spotted testing. Related Video: The video meant to be presented here is no longer available. Sorry for the inconvenience.