2012 Aston Martin Dbs Ultimate Edition #40 Of 100 on 2040-cars

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Aston Martin to cut up to 500 jobs to reduce costs

LONDON — British luxury carmaker Aston Martin plans to shed up to 500 jobs as it seeks to bring its cost base into line with reduced sports car production levels, it said on Thursday. The job cuts come just days after Aston Martin's second-largest investor reduced its stake in the company, and a week after it confirmed that Tobias Moers, CEO of Mercedes-AMG, would become chief executive on August 1, replacing Andy Palmer. The 107-year old firm said the job losses reflected lower than originally planned production volumes and improved productivity across the business. An employee and trade union consultation process will be launched in the coming days. Aston Martin, famed for being fictional secret agent James Bond's car of choice, has seen its share price plummet since floating in October 2018. Last month it posted a deep first-quarter loss after sales dropped by almost a third due to the impact of the novel coronavirus outbreak. "The measures announced today will right-size the organizational structure and bring the cost base into line with reduced sports car production levels, consistent with restoring profitability," it said. It said its first sports utility vehicle (SUV), the DBX, which is key to boost volumes and appeal to new buyers including more women, remains on track for deliveries in the summer and has a strong order book. Aston Martin is also reducing costs and removing non-critical expenditure in other areas, including contractor numbers, site footprint, marketing and travel. It said the restructuring is expected to deliver total annual savings of about 38 million pounds ($47.6 million). Restructuring costs are expected to be about 12 million pounds. Shares in Aston Martin, down 78% over the last year, closed Wednesday at 68.9 pence, valuing the business at 1.05 billion pounds.  

Aston Martin Bulldog gets another chance to wedge its way past 200 mph

Tell us if this sounds familiar: In the mid-1970s, Aston Martin decided it wanted to prove its engineering prowess by building a car that would hit 200 miles per hour, so company designer William Towns penned the Bulldog DP K9 concept; in 1980, Aston Martin test drivers took the Bulldog to 191 mph at the MIRA test track, but the company was short on cash, so when Victor Gauntlett bought a 10% stake in the company and became chairman in 1981, he canceled the Bulldog program. The company sold the car to a Middle Eastern collector in 1982, while Gauntlett engineered a sales recovery and Aston Martin's return to the James Bond franchise. Now, 37 years later, Classic Motor Cars (CMC) in Bridgnorth, wants to show off its new engineering facility and prowess, and it intends to do so with the Bulldog. CarBuzz picked up on the story that the concept's current owner sent the coupe to CMC for a nut-and-bolt restoration, expected to take roughly 18 months. After that, the Bulldog will take a run at its destiny, aiming for 200 mph, or even better, the 237 mph that Aston Martin engineers at the time said the car should do.      The Bulldog's ultra-wedge shape, stretched over 186 inches and just 43 inches high, could not have come from any other decade. A panel on the front lowered to reveal five square headlights, while giant gull-wing doors doubled the car's height when opened. The interior, matching the Towns-designed Lagonda Series 2, showed off LED lights, buttons and touchscreens. Designers put the 5.3-liter V8 from the front-engined "Oscar India" V8 Vantage into the middle of the Bulldog, then lashed two Garrett turbochargers on top, final output claimed to be 700 horsepower and 500 pound feet of torque. Shifting through a five-speed manual, the rear-wheel-drive, 3,814-pound coupe hit 60 miles per hour in 5.1 seconds. If the Bulldog had achieved its target, it would have been the fastest production car in the world. The plan was to build up to 25 units for sale, which would pay for development costs said to exceed 1 million pounds at the time. The restoration will return the concept to its original state, CMC's managing director adding that it "may include modern components and technology to improve the car's reliability." The original car, for instance, didn't have side mirrors; those were supposedly added by the Middle Eastern collector. The original was gray and white, not green, had a black interior instead of tan.

Aston Martin V8 Vantage N430 is the V8 Vantage's hardcore cousin [w/video]

Aston Martin's racy Vantage N430 made its auto show debut, popping onto the show floor of Geneva's Palexpo for the world's media. The lightweight, hardcore version of the V8 Vantage now boasts 430 horsepower (as indicated by its name) from a 4.7-liter V8. A retuned exhaust should add to this engine's already sonorous belching. 60 miles per hour arrives in 4.6 seconds while the N430 tops out at 190 mph. A six-speed manual is standard, while a seven-speed Sportshift II automatic is optional. The N430 is available in both coupe and convertible variants, but regardless of which body style you choose, you'll be getting weight-saving carbon-kevlar seats and lightweight, ten-spoke wheels. That doesn't mean the N430 lacks luxuries, though. Aston Martin will happily fit a 1,000-watt Bang and Olufsen stereo and the choice of either carbon-fiber or piano black interior trims. Take a look above for our entire batch of live photos of the new N430, and then scroll down for a promo video, official photos and the press release from Aston Martin. ASTON MARTIN UNVEILS TWO EXCLUSIVE NEW SPECIAL EDITIONS AT GENEVA - Striking V8 Vantage N430 builds on heritage of successful 'N' cars - Bold new styling options derive from N430's clear sporting pedigree - Debut of dramatic DB9 Carbon Black and Carbon White Aston Martin is unveiling two exclusive new special editions at the 84th Geneva International Motor Show. The great British sports car marque, now in its 101st year, is debuting a bold addition to its iconic V8 Vantage range as well as dramatic new special editions of the timeless DB9. Building on the appeal of the sports-focused Vantage range, and enhancing the enduring allure of Aston Martin's seminal GT, the DB9, the new models deliver eye-catching looks and classic elegance. V8 Vantage N430: race breeding, sports styling Pure, unadulterated fun is what lies at the heart of the new V8 Vantage N430. Honed on the track to excel on the road, N430 – available in Coupe or Roadster form – boasts a power hike to 436 PS at 7,300 rpm that brings its output up to that of the spirited V8 Vantage S. Ian Minards, Director of Product Development at Aston Martin, said of the new car: "N430 is all about bringing track-honed excitement to the road in an accessible, emotionally engaging, and authentically 'analogue' way.