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Aston Martin not actively pursuing new investors as opens SUV plant

ST ATHAN, Wales — Aston Martin, which was reported this week to be the target of Canadian billionaire Lawrence Stroll, said it was not actively pursuing new investors on Friday as it opened a new factory to build its first sport utility vehicle. As some in the global car industry turn to partnerships, alliances or mergers to handle the challenge of electrification, new technology and tighter margins, Autocar magazine reported on Thursday that Stroll, the owner of Formula One team Racing Point, is preparing to buy a major stake in Aston. "You know what we would have to do if there was an official approach. Beyond that, I can't comment," Aston's chief executive Andy Palmer told Reuters at the factory opening, referring to rules governing publicly-listed companies. "We're certainly not actively soliciting any other participation. That's not to say it doesn't come," he said when asked whether Aston needed a new investor. The British automaker's new factory in south Wales holds the key to ending a poor performance this year from Aston, whose shares have tumbled 75% this year on weaker-than-expected sales. In August, Aston's biggest investor, Strategic European Investment Group, bought an extra 3% stake in the 106-year-old company, whose second largest shareholder is a Kuwaiti investor. Last month Aston, which floated in October 2018, launched its DBX model, hoping that more female buyers will help boost sales after posting a pre-tax loss of 92.3 million pounds ($118 million) for the first nine months. It hopes its new factory, in St Athan, near Cardiff, will help turn around its fortunes. The plant is its second alongside its historic one in Gaydon, central England. As the autos sector consolidates through deals such as the merge of Peugeot and Fiat, Aston has said it does not need to belong to a bigger automotive group, pointing to the success of stand-alone rival Ferrari. Palmer said the small stake held by Germany's Daimler allows Aston to have access to technology and benefit from the speed at which it can operate independently. "There is a perfectly rational route to success in our current state," he said. Reporting by Costas Pitas.

Aston Martin Vantage gets fresh new nose from Revenant Automotive

BMW's second-generation 4 Series has become the poster child of the shift towards oversized grilles, but Aston Martin jumped on this bandwagon before many when it revealed the current-generation Vantage in late 2017. Its wide, low grille continues to split opinions in 2020, and a British engineering firm thinks it has a better solution. Revenant Automotive redesigned the Vantage with a smaller, subtler grille. It's mounted higher on the front fascia than the original car's, it has black horizontal slats, and it's shaped like a grille Aston's designers could have drawn in-house. It doesn't look aftermarket, which is highly unusual in this corner of the industry. The twin-turbocharged, 4.0-liter V8 engine still needs air to stay cool, so stylists chiseled an air dam into the bottom part of the bumper and concealed it with black trim. The end result is a cleaner, more low-key look. Aston Martin integrated the Vantage's grille into its bumper, so installing Revenant's new-look part is relatively straight-forward. The transformation requires removing the original bumper, probably selling it on eBay for a hefty sum, and bolting on the new one. There is no cutting, sanding, welding, taping, gluing, or riveting required. Revenant's redesigned Vantage bumper is on sale now in the United Kingdom, and it can be shipped to the United States, though the company told Autoblog pricing depends on how it's configured. It's hand-made, and it's available in exposed carbon fiber at an extra cost. Looking ahead, the firm plans to expand its range of aftermarket Aston Martin parts by branching out into paint work and trim pieces, among other areas. It told us it's even planning on redesigning the car's rear end, though it's too early to tell what it will look like yet. Related Video:      

Aston Martin V12 Vantage S Roadster in the metal in Monterey

Even surrounded by glamorous people and a plethora of extremely exotic vehicles on the lawn of the Quail, the Aston Martin V12 Vantage S Roadster sticks out as something just a little bit more special. Under the Monterey sun all of the carbon fiber on the hood and in the air dam pops out from the shining ruby red paint. The aggressive looks are deserved though, because the latest roadster might be one of the most impressive droptop GTs ever to come out of Aston Martin. Under that louvered bonnet is a tuned version of Aston's long-lived 6.0-liter V12 – it's 44 pounds lighter, too. Plus, this engine is mated to the brand's latest Sportshift III seven-speed sequential gearbox to rocket it to 60 miles per hour in 3.9 seconds and on to a top speed of 201 miles per hour. Features like adaptive dampers, two-stage ABS and carbon-ceramic brakes, make the new V12 Vantage Roadster an even more intriguing and capable package. Of course, this Vantage is a head-turner even without those 12 cylinders ready to make a very sweet noise at the press of the throttle. Check it out from all angles in the gallery.