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Aston Martin DB10 based on V8 Vantage

If you looked at the new DB10 that Aston Martin revealed just a few days ago and thought as we did that it looked an awful lot like a reskinned Vantage, there's good reason for that. According to Automotive News, a reskinned V8 Vantage is exactly what the DB10 is. Instead of basing the limited-production spymobile on the new architecture it's developing and fitting it with the new engine it's sourcing from Mercedes-AMG, the DB10 is built around the same VH platform and V8 engine as the aging Vantage. Though it's evolved over the years, the VH platform dates back to the V12 Vanquish that launched way back in 2001. The second generation of that platform underpins the Vantage on which the DB10 is reportedly based, powered by a version of Jaguar's AJV8 engine that dates back to 1996. What is new about it is the design language that the new DB10 previews. More than any recent concept – like the DP-100 Vision Gran Turismo, CC100 Speedster or the most recent Zagato one-offs – the DB10 is said to embody the new direction in which Marek Reichman and his team plan to take the company's styling, moving away from the current theme it has employed for the past couple of decades. So while the DB10 you see here may not be packing much in the way of new technology, the subsequent models that will follow its lead hopefully will.

Aston Martin's lifeline buys carmaker time as SUV hits road

Canadian billionaire Lawrence Stroll and investors have rescued Aston Martin with a 500 million pound cash injection that analysts say will help stabilize the British carmaker whose first sport utility vehicle (SUV) is set to hit the road. Stroll agreed to buy up to 20% of the 107-year-old company and will become executive chairman of James Bond's automaker of choice, which has gone bankrupt seven times in its checkered history. A consortium led by Stroll will invest 182 million pounds($239 million), whilst major existing shareholders - primarily Italian and Kuwaiti private equity groups - will be part of a rights issue to raise 318 million pounds. "It likely gives them enough liquidity to tide them over for a couple of years," said Charles Coldicott, Redburn equity research analyst. Outgoing chairwoman Penny Hughes, who will be replaced by Stroll, spelt out the degree of trouble the firm has been in after core sales fell last year. "The difficult trading performance in 2019 resulted in severe pressure on liquidity which has left the company with no alternative but to seek substantial additional equity financing," she said. "Without this the balance sheet is not robust enough to support the operations of the group." Now Aston will need to turn the financial lifeline into part of a sustainable plan as it delays investment in electric vehicles and cuts its operating costs. A key future milestone includes around 1 billion pounds worth of debt due to mature in 2022. The company also suffers from lower gross margins than rival Ferrari, according to analysts at Jefferies, who have said scaling up is just as important as extra capital. Key to the company's success is its first foray into the lucrative SUV market, a late entrant compared to many rivals such as Volkswagen-owned Bentley and BMW's Rolls-Royce. Aston has built a new factory in Wales to make the model, known as the DBX, which it hopes will attract more women to the brand and some buyers to purchase both it and a vehicle from its traditional line-up. With the DBX model not due to roll off the production line until the second quarter of this year, the firm has taken the cost with only some of the benefit so far. Based in central England, Aston said earlier this month that it already had around 1,800 orders for the car which will retail for 158,000 pounds in Britain, a "materially better" rate than for any previous models.

Lagonda All-Terrain Concept previews electric SUV shaped by planetary forces

Coming soon to an ultra-wealthy desert oasis near you is Lagonda, the spinoff from Aston Martin that will be devoted to creating luxury cars rather than sports cars. They will be electric and have autonomous driving features, and although their final production guises are still to be revealed, the Lagonda All-Terrain Concept introduced in Geneva provides a second clue as to what a production Lagonda might be like. Whereas last year's Vision Concept was a road-going quasi-sedan that mostly centered on autonomous driving, the All-Terrain Concept is going for the Range Rover crowd. Taller and obviously a crossover, Aston Martin describes it as "an ultra-stylish, supremely luxurious, fully electric, emission-free vehicle that can transport its occupants to remote and spectacular locations." It certainly isn't bereft of adjectives. Like other EVs, the concept utilizes a skateboard-style vehicle platform that spreads the battery weight low throughout the floor, which not only raises that floor to provide a more SUV-like view out, but actually lowers the center of gravity for superior handling. It also makes the car very stiff, which allows for the All-Terrain Concept's rear-hinged coach doors and flip-up gullwing roof bits. "The Lagonda All-Terrain Concept adds a hugely exciting sense of adventure to the unique brand of luxury, emission-free vehicles that Lagonda is planning to produce," said Aston Martin Lagonda President Andy Palmer in the press release. "This is a car that would be at home whisking someone straight from a glamorous red carpet event to a remote scientific research lab." Remote scientific research lab? Good grief. Who does this guy thinks his customer is, James Bond? Oh wait. The Aston design team drew design inspiration from super yachts, which can mostly be seen in the rear-leaning tail and severely swept-back profile. The high ground clearance and chunky fenders imply a certain degree of ruggedness that's not entirely dissimilar to the Rivian R1S. In terms of other styling details, well, take it away press release. "The surfacing is incredibly futuristic, with forms and shapes that look like they have been created by the huge, planetary forces of gravity fields." Okey dokey. The rear hatch is described as having a clamshell design, and it houses a thin LED strip hidden beneath a lip. This allows the light to be beamed downward and reflected out, thereby concealing the actual LED elements from the viewer. Nifty.