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Aston Martin may soon follow Ferrari with a London IPO

Aston Martin may soon be following Ferrari's lead, as Automotive News reports that people within the British automaker say it may soon consider an initial public offering. If it happens Aston Martin will likely list in London, not New York like Ferrari. While some in the industry were initially wary of Ferrari's move, the company is doing better than ever, with shares rising 62 percent since its IPO in 2015. An IPO could be a huge plus for Aston Martin. The company is looking to boost both sales and profit. Ferrari and Aston Martin sell similar vehicles at similar price points, but Ferrari has a much wider audience, even if most of those fans will never even sit inside one of its cars. That would likely be a big sticking point in estimating Aston Martin's value. It also moves half as many units as Ferrari per year. Aston Martin does have a new crossover on the horizon. Like Porsche, a crossover has the potential to more than double the automaker's sales. Even without it, fourth quarter profits in 2016 notably increased, fueled by solid sales of the new DB11. The IPO won't happen until sometime next year. The company wants to wait on a full 2017 earnings report. Related Video: News Source: Aston Martin Earnings/Financials Rumormill Aston Martin Ferrari stock

1965 Aston Martin James Bond DB5 nets record $6.4 million at auction

Remember we told you how an original James Bond-spec Aston Martin DB5, used as a promotional vehicle for the 1965 Bond film “Thunderball,” was headed to auction? The one equipped with gadgets including a bulletproof rear glass shield, smoke screen and so forth? Well, the car just sold at RM SothebyÂ’s “Evening with Aston Martin” sale at Monterey for a final, record-shattering price of $6.385 million. ThatÂ’s after receiving an initial estimate of $4 million to $6 million. 1965 Aston Martin DB5 'Goldfinger'-spec View 30 Photos Also at Monterey, a DB5 Shooting Brake from the same model year, though not equipped with James Bond gadgetry, auctioned for a cool $1.765 million. It was one of just 12 ever built, and among only four built with a left-hand drive. It was expected to fetch $1 million to $1.4 million, so it was a good week for Aston, old chap. The Bond car was one of two 1965 DB5s commissioned by Eon Productions, the British film company, and used as promotions for “Thunderball.” Neither were used on screen, but they received all the gadgets from the film, installed by Aston Martin and built to actually be used and be reliable. In addition to the gadgets mentioned above, there are bumper overriders, front guns (!) and an oil slick dispenser, plus toggle switches, weapon drawer and tracking screen. 1965 Aston Martin DB5 Shooting Brake View 20 Photos RM SothebyÂ’s had previously sold the car in 2006 for $2.09 milling, but it then went through a complete restoration, including the gadgets, that was completed in 2012. Aston Martin last year announced it would be building continuation versions of the Bond 1965 DB5.  

Miami real estate investor selling world's largest collection of Bond cars

In 2011 Miami real estate investor Michael Dezer bought dozens of cars used in the James Bond films from the Bond Museum in Keswick, England. Since then, he's added to the trove which now stands at 59 cars, as well as motorcycles, boats, jetskis, tanks and thousands of photos, posters and memorabilia. It is the largest collection of 007 cars in the world, and Dezer has put it up for sale for 20 million pounds ($33.25M US) - the caveat is that you have to buy the entire collection. But what a collection it is. Among the six Aston Martins are the DB5 from Goldeneye, the Vanquish from Die Another Day and both V8s from The Living Daylights. There is also the Lotus Esprit from The Spy Who Loved Me - not the Esprit submarine that Elon Musk bought last year at auction, but the pre-dive roadgoing car. The new owner of the collection will keep things up to date with the Audi A5 and the Land Rover Defender 110 from the opening scene of Skyfall, and properly varied with the dragon tank from Dr. No, the Fairey Huntress yacht in From Russia with Love, and the chopped-in-half Renault 11 from A View to a Kill. An agency in the UK is handling the sale. We will now leave you to handle the money transfer from your people in Liechtenstein. News Source: London Express via Driven Auto News Celebrities TV/Movies Aston Martin Lotus lotus esprit