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Aston Martin losses shrink, still amount to nearly $10k per car

Aston Martin's current lineup may be the best it's ever been, but that doesn't mean the automaker is making money off its Vantage, DB9, Vanquish and Rapide dream machines. In fact, the company lost $41 million in 2013, but that pretax figure is actually a third lower than in 2012. Revenue was up a promising 12.6 percent, according to Reuters. The Kuwaiti-owned British manufacturer blames its losses on the still troubled global economy, acknowledging that it's seen a small recovery in the ultra-high-end segment of the market. Global sales were up from 3,800 to 4,200 in 2013. To put it all in perspective, $41 million in losses on 4,200 units works out to around $9,700 lost per vehicle sold. That's no way to run a railroad. While the company's CFO, Hanno Kirner, told Reuters the company is hoping for a big bounceback by 2016, Aston's fortunes in the United States remain uncertain due to a new federal side-impact standards. The company has filed for exemption, although the jury is still out on the success of that petition.

Aston Martin spars with WEC over Valkyrie's exit from racing

Confirming an earlier rumor, Aston Martin announced it has stopped developing the track-going version of the Valkyrie it planned to enter in the World Endurance Championship's (WEC) new Hypercar category. It blamed its decision on a recent change in the regulations, but the sanctioning body responded that's not the full story. The British company explained it's unhappy with the WEC's decision to harmonize the Hypercar class with the LMDh category and the WeatherTech Sportscar Championship during the early 2020s. Without providing additional details, it declared the Valkyrie will not make its racing debut at the Silverstone track in August 2020 and it will not challenge Glickenhaus, Toyota, Peugeot and others in the 2021 edition of the 24 Hours of Le Mans. It added it's considering canceling the program altogether, meaning the Valkyrie would never race. Aston Martin isn't quitting racing; far from it. It will continue to enter the Vantage GTE in WEC events around the world, and the Racing Point Formula One team will be rebranded Aston Martin after the 2020 season. The sudden and unexpected entry into Formula One led by investor Lawrence Stroll may have played a role in convincing executives to cancel the Hypercar program. Racing is expensive, and Aston isn't doing well. The Federation Internationale de l'Automobile (FIA) that regulates the WEC doused cold water on Aston's explanation. It opined the harmonization doesn't impact the category, and it pledged to prove this claim when it releases additional technical specifications in March 2020. It instead blamed the decision to withdraw the Valkyrie from racing on the highly-publicized financial issues that have plagued Aston since 2019. "The decision announced by Aston Martin is very regrettable but perhaps not unexpected in light of the persistent rumors over the last six months concerning the fragility of the brand's exposure in the rapidly-evolving automotive market," it wrote. As of writing, executives haven't responded to these allegations. Aston Martin and the FIA both noted they're open to working with each other to find a solution, but the carmaker's statement is highly ambiguous. It affirms Aston's future presence in the racing world will be "defined by its activities at the highest level of both single-seater competition and endurance GT racing" and glaringly leaves the Hypercar category behind. To us, it sounds like the program has already been consigned to the attic.

Aston Martin's Vanquish S Red Arrow aerobatics special edition is a stunning tribute

Aston Martin's in-house custom car division, Q, has just revealed its latest model, the Aston Martin Vanquish S Red Arrows Edition. The Vanquish is themed around the Red Arrows, a British aerobatics team like the American Blue Angels. The connection to the team starts from the outside, with a bright, gloss red paint job with white and blue accents on the carbon fiber trim to replicate the look of the Red Arrows' planes. The badges have red, white, and blue enamel to evoke the Union Jack flag, and a white stripe along the side is meant to look like the smoke trails left by the planes. Inside, the interior is finished in black leather with khaki green leather inserts and matching seatbelts. According to Aston Martin, this color scheme echoes the flight suits worn by the Red Arrows team. The flight team's logo, which shows their diamond-shaped flight formation, is embroidered into the seat backs. The door panels also receive custom embroidery, which shows the "Vixen Break" maneuver. This particular Vanquish S loses its rear seats to make space for a pair of racing helmets that come with the car. The helmets are painted in Red Arrows colors. In addition to the helmets, Aston Martin will include scale models of the car and a Red Arrows plane, a racing suit, embroidered bomber jacket, and a custom luggage set. In keeping with the Red Arrows theme, only nine of these cars will be sold, one for each member of the aerobatics team. Each car will also be signed by the corresponding Red Arrows pilot. Aston will build a tenth car that will be donated to the RAF Benevolent Fund, which helps support veterans and their families. Related Video: