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Aston Martin recalling all DB11s over Daimler steering column

Aston Martin has become the latest carmaker to be caught up in a major recall of faulty Daimler steering-column components that can cause unintended airbag deployments. The British sports car maker is recalling all 3,873 DB11 coupes built since late 2015, when production of the flagship model began, Aston Martin spokesman Kevin Watters confirmed. He said repairs would be carried out to "address an issue with the DB11 steering column upper." Daimler last year recalled more than 1 million Mercedes-Benz cars fitted with steering-column parts also supplied to Aston and Nissan. The Japanese carmaker's Infiniti brand recalled 17,500 affected vehicles. The issue is unrelated to a global recall of faulty Takata airbag inflators that have been blamed for 20 deaths. Inadequate grounding in the Daimler units leaves their circuitry vulnerable to electrostatic charges that can trigger unintended airbag deployments, according to earlier warnings. Mercedes reported "a handful of instances where drivers suffered minor abrasions or bruises" as a result of the problem. No Aston Martin customers have reported any such incidents to date, the company said, adding the necessary repair work would be carried out free of charge in less than two hours. Reporting by Laurence FrostRelated Video:

Aston Martin Vanquish Zagato Volante is the belle of the Pebble Beach ball

While Aston Martin is showing off the Vanquish Zagato Coupe for the first time in North America, it's also using the Monterey Car Week to confirm a convertible version of the stunning supercar. Limited to just 99 cars – many of which will be spoken for this week by those visiting Aston's Carmel, California pop-up shop – the Volante will share the coupe's enhanced V12, cranking out 592 horsepower. The 0-60 time of 3.7 seconds is almost as quick as the 3.5 touted by the new DB11. And, of course, the topless models will distinguish themselves in several ways aesthetically. The Vanquish Zagato Volante gets the same rounded taillight reflectors and "bladed LED technology" of the Vulcan supercar. Lower carbon fiber sills that run the length of the car add a pronounced, sporty emphasis. Zagato's trademark twin cowls blend into the rear deck, concealing the folded top used in the Vanquish Volante. Design director Marek Reichman says the Zagato version is more muscular and flowing that the coupe. The interior gets the Zagato "Z" quilt pattern stitch on the seats and doors, and an embossed "Z" on the headrests and doors add additional flourish. The Vanquish Zagato Volante is the latest result of Aston's partnership with the Italian design house dating back to the 1960 DB4 GT Zagato race car. Aston says this latest Zagato model is aimed especially for the North American market, much like the 2003 DB AR1, an open-topped Zagato-bodied DB7 that was also limited to 99 units and is now considered a collectible. Aston's pop-up shop this week attracted enthusiasts and owners alike, and featured the cream of the DB lineup, the iconic DB5, DB10 from the latest Spectre Bond film, and, of course, Aston's newest series-production GT car, the DB11. Check out the new Vanquish Zagato Volante in the gallery up top, and the brand's pop-up shop below. Related Video: Featured Gallery Aston Martin Vanquish Zagato Volante View 9 Photos Related Gallery Aston Martin's pop-up shop at Pebble Beach View 9 Photos Design/Style Misc. Auto Shows Aston Martin Convertible Luxury Performance Pebble Beach zagato

Aston Martin shares plunge to new low following half-year loss

LONDON — Shares in Aston Martin plunged 17% to a post-flotation low on Wednesday after the luxury British carmaker slumped to a half-year loss, the latest automotive firm to be hit by falling demand in Europe. Aston Martin, best known as James Bond's favorite marque, has been undergoing a turnaround plan since Chief Executive Andy Palmer took over in 2014, designed to renew and boost its model line-up and move into new segments. The plan led to an autumn 2018 stock market flotation. But its shares have since fallen by around three quarters from their 19 pounds float price to below 5 pounds, hit most recently by the group's weak performance in Europe, the Middle East and Africa, where half-year demand fell by nearly a fifth. The group posted a pretax loss of 78.8 million pounds in the six months through June from a 20.8 million pound profit in the first half of 2018. Its shares were down 17% at 4.71 pounds by 0748 GMT. "We are disappointed that our projections for wholesales have fallen short or our original targets, impacted by weakness in two of our key markets as well as continued macro-economic uncertainty," Palmer said. Overall wholesale demand grew by 6% in the first six months as the group posted strong increases in the Americas and Asia, but a decline in Britain and the rest of the continent prompted the carmaker to cut its full-year forecast. Aston has also been hit by expansion costs as it builds a new factory in Wales to make its first sport utility vehicle, and a lower average selling price. The company said that if it requires some additional financing it would pursue the funds from sources such as the debt markets. The global car industry has been hit by weakening demand in China and a drop in demand for diesel vehicles in Europe, as well as the cost of electrification. Nissan reported plunging profits last week and said it would undertake its biggest restructuring plan in a decade, axing nearly a tenth of its workforce. But 106-year old Aston also faces the risk of a disorderly Brexit disrupting its wholly British production, as delays at ports due to new bureaucracy could slow down the movement of vehicles and components. "We do not want a no-deal Brexit because of the disruption that causes to issues at the border," said Palmer.