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Aston CEO claims Cygnet cancelled because Toyota is dropping iQ in 2014

While slow sales and a $50,000 price tag may have been contributing factors to the Aston Martin Cygnet being cancelled last month, Aston Martin CEO Ulrich Bez is pointing the finger at Toyota for the demise of this luxurious little city car. In a discussion with Autocar, Bez is quoted as saying that the ultimate reason the Cygnet was cut is because Toyota plans on dropping the iQ (on which the Cygnet is based) in 2014 - a claim denied by the Japanese automaker.
Interestingly, the article also cites another publication reporting that a Toyota importer in the Netherlands heard the same news as Bez, and it has already stopped importing the cars. If the European Toyota iQ is cancelled, that would likely spell the end of the slow-selling Scion iQ in the US, which has sold just 3,365 units through September (a drop of 51 percent year over year).
Regardless of why production of the Cygnet ended, Bez also says that a lack of support from Toyota on the project prevented it from being offered in the US or receiving a supercharged engine, which are two factors that likely would have made the car appealing to more buyers.

Weekly Recap For 7.8.16 | Autoblog Minute

Senior Editor Greg Migliore recaps the week in automotive news, including a look at the new V12 hypercar coming from Aston Martin and Red Bull Racing. Aston Martin Jeep Autoblog Minute Videos Original Video autos Red Bull Racing hypercar am-rb 001

Aston Martin developing TT hybrid V6 to replace AMG-sourced V8

We knew that Aston Martin is working on a twin-turbo 3.0-liter V6 hybrid that will fit into the forthcoming mid-engined Valhalla (pictured) and Vanquish sports cars. Car and Driver spoke to Aston Martin boss Andy Palmer, who explained that the engine will effectively replace the Mercedes-AMG-sourced 4.0-liter V8. Palmer explained the rationale by saying, ""Mercedes have made no secret of where their engine technology is moving to, and obviously we don't foresee four-cylinder engines in our Astons, so we’ve got to make our own journey." Autocar reported recently that the next AMG C 63 will be powered by a plug-in hybrid four-cylinder. Aston Martin's V6-for-V8 substitution means the Vantage, DB11, and DBX will eventually get V6 power, too, although it's not clear when that will happen. Production of the Valhalla, the model that first brought news of the coming V6, is slated to begin in late 2021. Palmer all but said the six-cylinder will be more powerful than the eight-cylinder it replaces because "there's no way our customers are going to expect to step backward" as far as output's concerned. Regarding the Valhalla, last year when C/D "suggested to an Aston spokesman that the car would need to produce at least as much as the 789-hp McLaren Senna to be regarded as a worthy opponent, he agreed that was a fair assessment." At the other end, the V8-powered Vantage makes 496 horsepower, leaving plenty of room for graduated tunes among the sports cars. Engineers will need to focus on getting the sound right, Palmer adding, "As long as it feels like a V-8 and sounds majestic, I think it's a perfectly sensible way to go, and a lot more sensible than an [inline] four would be for us." Electric help will take a less revolutionary form than we're seeing in a number of modern super sports cars. The V6 won't go plug-in, Palmer wary of the necessary weight gain; Lamborghini's spoken at length about its trouble finding suitable concepts for the next-gen hybrid powertrains for the Huracan and Aventador that provide an acceptable weight/performance balance. Aston Martin's plan is apparently to stick with the Valkyrie template, putting an electric motor between the engine and a traditional transmission, instead of using a transmission with an integrated e-motor as seen on coupes like the Acura NSX and Ferrari SF90 Stradale. Aston Martin intends to go against the current in another way, too, at least for now.