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Aston Martin to raise funds for new models including CUV, hybrid
Sun, Dec 14 2014Aston 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.
Aston Martin expanding Lagonda Taraf availability outside of Middle East
Sun, Mar 1 2015Aston Martin has been working at reviving the Lagonda marque for several years now. But when it finally did with the Taraf sedan, it was initially prepared to offer it only in the Middle East. That apparently ruffled some feathers with prospective buyers in other parts of the world, which has prompted Aston to expand the super-sedan's availability to additional markets. Moving forward, the Lagona Taraf will now be available in EU-compliant markets, including the UK, Europe and South Africa, and will be offered in both left- and right-hand-drive configurations. Those will still need to be spread out, however, among the strictly limited run of 200 examples, to be built along the same small-batch assembly line responsible for other exclusive offerings like the V12 Zagato, the One-77 and the new Vulcan. The Taraf was launched a few months ago in Dubai, based on Aston's long-serving VH architecture and ubiquitous 6.0-liter V12. With styling inspired by the iconically wedge-shaped Aston Martin Lagonda sedan of the 1970s, it stretches longer than the Rapide for more interior space, and retails for an undisclosed price. Unfortunately, no announcement was made regarding potential availability in North America, so despite the expanded scope of the Taraf's market, it looks like we'll still be left out of the action. Reached for comment, Aston Martin told Autoblog that there's no update yet on US availability, but that the prospect remains unlikely. We'll sure to keep you posted if we hear otherwise, but given the confirmation of European availability, we wouldn't be surprised to see the Taraf on Aston's show stand in Geneva this week. ASTON MARTIN EXPANDS LAGONDA TARAF LUXURY SALOON AVAILABILITY - New Lagonda Taraf will be offered to customers outside the Middle East - Series production remains limited to 200 bespoke limousines - Super saloon will be available in left or right-hand drive 28 February 2015, Gaydon: Aston Martin is today announcing that the luxurious new Lagonda super saloon will be made available, in strictly limited numbers, to more customers around the world. Aston Martin will now accept orders for the Lagonda Taraf – the latest in a proud line of saloons revered worldwide as 'the finest of fast cars' – from prospective owners in more major markets.
2019 Aston Martin DBS Superleggera First Drive Review | Nowhere I'd rather be
Wed, Aug 1 2018BERCHTESGADEN, Germany — The mountains at the border of Austria and Germany are full of rolling green fields bookended by tree-capped mountains. The roads that run along the mountainsides and valleys, despite being packed with tractors and a seemingly endless line of vacation travelers, are ripe with corners just waiting to be strung together. I'm standing on a hillside staring at the new Aston Martin DBS Superleggera when I realize there are few things I've ever wanted more than a V12-powered GT and a ribbon of clean pavement. The DBS Superleggera is the third new Aston Martin revealed this year, following the Vantage and DB11 AMR. It's based on the DB11 and serves as a replacement for the Vanquish S. In place of the old, naturally-aspirated 6.0-liter V12 is an upgraded version of the 5.2-liter engine found in the DB11 AMR. In the DBS, the engine makes 715 horsepower and 664 pound-feet of torque, up 85 horses and a gut-punching 148 pound-feet over the DB11. The extra power comes mostly from an increase in boost from the two turbos. The other big changes to the DBS come in the way of the relatively lightweight carbon-fiber bodywork. Every panel save for the doors and roof has been re-sculpted. The new panels are carbon fiber, and — with options such as carbon-fiber trim and a lightweight exhaust — the DBS weighs about 160 pounds less than a DB11. The styling is different, too, thanks to a massive grill and lower intakes that make up most of the front fascia. Aston Martin says the extra area is needed to cool the V12. It reminds me a bit of the wide-mouth Aston grilles from the '50s and '60s. The straked "curlicue" fender vents, F1-style double diffuser, and reworked Aeroblade increase downforce to nearly 400 pounds at the car's top speed of 211 mph without any major drag penalties. The Aeroblade pulls in air from behind the rear windows, moving it through the bodywork and over the rear wing. Rather than using an active wing like on the DB11, the DBS uses a fixed Gurney flap. The Aeroblade and Gurney flap give the DBS downforce while keeping the overall design relatively clean. The new DBS is handsome and purposeful, if not exactly beautiful. Sitting behind the wheel, you'd be forgiven for thinking you were in another DB11. The seats are the most notable and obvious change in the DBS, offering slightly more bolstering than what you get on the DB11 (though they lack fine-tuned adjustments). The rest of the interior simply looks like a reskinned DB11.