2005 Aston Martin Db9 on 2040-cars

Auto blog

Aston Martin's biggest investor considers increasing its stake

LONDON — The biggest investor in Aston Martin is considering buying another 3% stake, offering to increase its holding after shares in the luxury carmaker crashed almost 50% since its listing nine months ago. Strategic European Investment Group, part of the Italian private equity group Investindustrial, owns 31% of Aston Martin. It only wants to buy a maximum 3% stake but has to make an offer to all shareholders due to its already large holding. It has secured agreements from existing shareholders such as a group of Kuwait-based investors to back the move. It is offering to pay 10 pounds per share, the price at which the shares closed on Friday. It must make a decision by July 29. Aston Martin has struggled since it listed in October last year. Its shares fell on the opening day and are now down 47 percent. The company's recent results have been hit by a need to invest more in its manufacturing plants and expand its vehicle offering, leading to higher costs.  Related Video:

New Aston Martin V12 Vantage rumored with 670 hp

In August, spy photographers at the Nurburgring took pics of an Aston Martin Vantage mule doing hard laps. The primer black test car sported an extra wide body, a big ol' V-shaped mesh net on its hood likely hiding heat extractors, an enormous grille with extra intakes along the sides, and dual pipes jutting out the center of the rear diffuser. It looked like Aston Martin had put its 5.2-liter V12 into a Vantage engine bay, and reports from ears on the ground said it sounded that way, too. Remember, last year's Aston Martin Speedster was based on the Vantage chassis and was powered by that 5.2-liter V12, an engine not available in the series production Vantage. In the Speedster, that engine produced 690 horsepower and 555 pound-feet of torque. The Supercar Blog reports that its sources say a reborn V12 Vantage might have its engine restricted to 670 hp. That seems a logical number, possibly putting the V12 Vantage a notable step down from the 715-hp DBS and the 690-hp special edition Speedster. If it does get 670 hp, that figure would put it 40 ponies ahead of the DB11 with the same V12, but TSB reports the V12 Vantage will be a limited edition. Expected to arrive for the 2023 model year as part of the standard Vantage's model update, sources say there will only be 299 made.  The last time Aston Martin put its biggest engine in its smallest car, the result was arguably the best and most enjoyable car in the automaker's range. We have the same expectation this time around. Unlike the last time, though, there won't be a manual transmission on the menu; it's said the updated Vantage will go with the eight-speed automatic only. Now that the Vantage F1 Edition starts at over $160,000, a V12 Vantage could start beyond $190,000 and even creep over $200,000. Company CEO Tobias Moers has said he plans 10 derivatives of existing models by 2023, so it seems likely that this won't be the only special edition Vantage on the way.

Win an Aston Martin Vantage and an L.A. dream house

Autoblog may receive a share from purchases made via links on this page. Pricing and availability are subject to change. No donation or payment necessary to enter or win this sweepstakes. See official rules on Omaze. If you’re a fan of sunshine, beaches and luxury performance cars, this giveaway is for you. Omaze is giving away not only an Aston Martin Vantage, but a 5-bedroom, 6-bath modern farmhouse in the City of Angels. Win This $4.3 Million Los Angeles Dream House and an Aston Martin - Enter at Omaze HereÂ’s what we said about the Vantage when we last drove it: "Aston wrapped its aluminum-tubbed baby – its chassis 10% stiffer than the pricier DB11Â’s – with aluminum, steel and composite panels, for a svelte dry weight of 3,366 pounds. It goes down further with optional, weight-saving forged wheels and ceramic composite brakes.  "Combine that with a wicked-fast 13.1:1 steering ratio; an eight-speed ZF automatic transmission (with a carbon-fiber prop shaft); and Mercedes-AMGÂ’s superlative, 4.0-liter twin-turbo V8 with 509 horses and 505 pound-feet of torque, and youÂ’ve got a British-German missile that cracks 60 mph in 3.5 seconds, and reaches a 195-mph peak. The DB11 has adopted this optional V8 as well, which only improves its handling versus the V12, though the Vantage gains more off-the-line advantage with a shorter final-drive ratio of 2.93, versus 2.7 in the DB11. "Driving the Aston is easy peasy in contrast, but thereÂ’s still rewarding effort involved. The AstonÂ’s street-killing, track-worthy intent is underlined by a three-mode drive system – adjusting throttle map, transmission, stability control and that basso-profundo exhaust – with no “Comfort” mode, only “Sport,” “Sport Plus” and “Track.” The steering is bristling with feedback, the chassis supremely balanced. ItÂ’s the kind of sports car that likes to be grabbed by the scruff of the neck and flogged, and if things get out-of-sorts occasionally, all the better. IÂ’d been on some of these same roads a few weeks ago in a $240,000 2021 Porsche 911 Turbo S, and itÂ’s just a different experience. It may be faster than the Aston, as youÂ’d expect from a 640-horsepower 911 with a Bugatti-like 2.6-second launch to 60 mph, but the Porsche is also a more-effortless, surreal traveler, as much spaceship as sports car. If you can afford either or both, the choice is up to you. "This being an Aston, there are other flaws and quirks.