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This is Aston Martin's sexy 580-hp Vanquish S Volante convertible

You might remember that we drove the Aston Martin Vanquish S earlier this month. That was the fixed top twin to this car, the S Volante, which we're getting our first look at. Since they're mechanically identical save the top mechanism, we can give you a sense of what the S Volante will be like. In a word, it'll be awesome. Remember, the Vanquish S twins are lovable dinosaurs in the powertrain department. Both feature a naturally-aspirated, 5.9-liter V12 – that means no turbochargers. It might make a healthy 580 horsepower at 7,000 RPM and an equally healthy 465 lb-ft of torque at 5,500 RPM, but it's an endangered species. It is, however, a sonorous beast with incredible throttle response (no lag!) – and it's backed up with the smooth, well-regarded ZF 8-speed transmission, just like the coupe. The similarities are fun, but the vive la difference. Especially in profile, with the top down, the Vanquish S Volante is beautiful. The small cowl humps are a racey, tasteful touch. There's almost assuredly some sort of weight penalty associated with choosing the Volante version, and there's definitely a cost penalty. The Vanquish S Volante will start at $315,775, or an $18,000 premium over the fixed-top version. From there, you can spend a lot more with various personalization options. Update: An Aston Martin representative told us there isn't an official Vanquish S Volante weight figure to release at this time. For reference, the old non-S Vanquish Volante was 232 lbs heavier than the coupe. The Vanquish S coupe weighs 3,834 lbs, so it's a save assumption that the Volante version will be slightly north of 4,000 lbs. We'll update you when an official weight figure is released. Both versions will hit US dealers in April. Related Video: Featured Gallery 2018 Aston Martin Vanquish S Volante Aston Martin Convertible Luxury Performance aston martin vanquish aston martin vanquish s

Canadian billionaire Lawrence Stroll leads $240 million Aston Martin investment

After months of rumors and speculation, Canadian billionaire Lawrence Stroll confirmed he led the purchase of a 16.7% stake in Aston Martin for GBP182 million ($239 million). The investment is part of a GBP500 million ($656 million) round of emergency funding that will help the British automaker overcome serious financial challenges. Yew Tree Overseas Limited, a consortium of international investors led by Stroll, built its stake by buying 45.6 million new ordinary Aston Martin shares on the London Stock Exchange, according to Autocar. Aston Martin raised the remaining GBP318 million ($417 million) by giving existing investors the opportunity to buy more shares, the BBC learned. It's not a full bailout, but it's close. Aston Martin ended 2019 in dire financial straits. Stroll will replace Penny Hughes as Aston Martin's chairman; CEO Andy Palmer is expected to keep his job. Several sources confirmed the Racing Point Formula One team owned by Stroll will be rebranded Aston Martin after the 2020 season, and Autocar reported the company will quickly need to eliminate jobs and slash costs. "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. Without this, the balance sheet is not robust enough to support the operations of the group," Hughes admitted in an interview with the BBC. Stroll's' appointment to the Aston Martin board comes as the company prepares to overhaul its product plan. It notably confirmed the rumors claiming it put the battery-powered Rapide project on the back burner until further notice, and it delayed plans to revive the Lagonda nameplate on a series of extra-luxurious electric vehicles until after 2025. The first car was originally scheduled to reach the market in 2022, but the battery technology is expensive to develop, and Aston must save about 10 million pounds (around $13 million) annually. The firm will instead focus on mid-engined sports cars. Still according to Autocar, it will begin delivering the 1,160-horsepower Valkyrie hypercar this year, and it's on track to launch the Valhalla in 2022. The Vanquish will go mid-engined shortly after. Delaying electric cars doesn't mean abandoning electrification, and Aston Martin hopes to release "a fuel-efficient, modular V6 engine with hybrid capabilities" by the middle of the 2020s.

Aston Martin reportedly picks out a name for DBX SUV: Varekai

It seems a distinct possibility that the name of Aston Martin's upcoming SUV will not remain "DBX," as it has been known. The British Autocar reports that the manufacturer has earmarked the name Varekai for it, which would certainly tie in nicely with the company's earlier V-named products. The word Varekai comes from the Romani language, meaning "Wherever," and for a go-anywhere SUV it would be more than suitable to have a nomad name. However, while Aston has applied to trademark the name, it would not comment on the name's authenticity when asked by Autocar. The SUV, no matter what it will be called, will be manufactured in a new facility in St Athan, Wales. The factory is based on an old air force base, and it will bring up to 750 new jobs to the area when it is brought online. Last month, Aston Martin said the first phase of the facility's construction is now complete, and the SUV will start production in 2019. The powerplants for it will be V8 and V12 engines, as well as a hybrid and an all-electric drivetrain in development. Related Video: News Source: AutocarImage Credit: Aston Martin Rumormill Aston Martin Crossover SUV Electric Future Vehicles Hybrid Luxury Performance