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Aston Martin considers offering new Lagonda Taraf outside of Middle East

Aston Martin officially took the wraps off its new Lagonda sedan in Dubai on Monday, revealing the luxury limousine in all its glory and revealing its nameplate as Taraf – derived from the Arabic word for "luxury" (not for some Kurdish starlet). A fitting name, since it will only be offered to select customers in the Middle East, where a large number of its '70s-era predecessors have found homes. But while the model was clearly and emphatically targeted at the Persian Gulf clientele, Aston Martin is reportedly considering offering the Lagonda Taraf in other markets as well. Both Car and Top Gear are citing Aston's new chief executive Andy Palmer on the matter from the unveiling in Dubai: "I can confirm today that we are also evaluating the opportunity to offer this Lagonda in other markets." Whether it would carry the Arabic name along with it, we don't know. Nor do we know, for that matter, if the US would be among those markets which Aston would consider selling the sedan. "We have enjoyed excellent levels of interest in the Lagonda and we are investigating possibilities for other markets besides the Middle East," said Matthew Clarke, the company's spokesman for the Americas, in correspondence with Autoblog. "However, we can't add any more or be any more specific at this very early stage." Understandable, of course, but we hope to hear good news in the near future.

Aston Martin DBS 770 announced as high-horsepower swan song

Aston Martin will send off the DBS with a limited-edition model called 770 Ultimate. Due out later in 2023, the coupe will stand out from the regular-production model with a more powerful engine, several chassis-related changes, and a handful of edition-specific design details. Aston Martin calls the car "the ultimate finale to a bloodline" and pledges that the coupe will "surpass them all." It adds that the 770 Ultimate will feature a "re-engineered, sharper dynamic focus coupled with exquisite design." That's pretty vague, but there's a big hint potentially hidden in the name: 770 could refer to the engine's output. The DBX 707 uses an evolution of the standard SUV's twin-turbocharged, 4.0-liter V8 tuned to develop 707 pferdestarke, which is the German word for metric horsepower that's often abbreviated as PS. Applying this logic to the 770 Ultimate strongly suggests the model will gain a 770-pferdestarke version of the twin-turbocharged, 5.2-liter V12 that powers the standard DBS. That number converts to about 759 horsepower. In comparison, the DBS puts 715 horsepower under the driver's right foot. That's enough for a 3.3-second sprint from zero to 60 mph. We're guessing that the Ultimate will retain an eight-speed automatic transmission, and suspension modifications should give it sharper handling. Aston Martin will release additional details about the DBS 770 Ultimate in the coming weeks, and the model is scheduled to make its debut in early 2023 — a specific date hasn't been published yet. Production will be limited to 499 units globally, and we expect a base price of well over $300,000. As for what's next, your guess is as good as ours: Aston Martin hasn't announced whether it will replace the DBS. Related Video:

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.