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Sunday Drive: Still thankful for supercars

The Thanksgiving holiday meant that last week was pretty short on stories, but apparently our readers are still thankful for supercars. The biggest news of the week was the new Aston Martin Vantage, which is clothed in a new look that Autoblog readers are still very much unsure of. It's a radical departure from past Aston Martin models, and while everyone seems to agree that the profile is lovely, the squinty headlamps are a particular source of contention. Its 503 horsepower and 512 pound-feet of torque cannot be argued with ... oh, and a V12 may be coming soon. Moving along is a nearly new 2006 Ford GT for sale that's expected to fetch around $300,000 at auction. It's so unused that it still has plastic wrap covering the leather interior. The Ango-American theme continues with the McLaren 720S, though not in road-going form. Still, renderings of the upcoming 720S GT3 racer round out this supercar-rich recap. As always, stay tuned to Autoblog for all the latest automotive news that's fit to print. All-new Aston Martin Vantage turns up the volume This 10.8-mile Ford GT could be yours McLaren 720S GT3 race car shown off in renderings Aston Martin Ford McLaren Coupe Luxury Racing Vehicles Performance Supercars aston martin vantage recap sunday drive

Aston Martin Vantage GTE race car revealed

Though Aston Martin had more than enough news in revealing the new V8 Vantage, it decided it needed to show one more thing: the Vantage GTE race car. Obviously the body work is based on the road car, but it's more aggressive. It has an even bigger version of the V8 Vantage's massive grille. The hood gets extra vents. The exhaust now exits out the front fenders. And, of course, it gets a huge wing and equally monster diffuser. The interior is quite a bit different, though, with the comfy seats and leather trim gone in favor of a roll cage and bare carbon fiber components. Under the skin, there are some similarities to the regular V8 Vantage. The main connection is the Vantage GTE's engine, which is a version of the same 4.0-liter twin-turbocharged AMG V8 found in the road car. It makes more power than the street version with at least 530 horsepower. Torque is roughly the same, though. Instead of an eight-speed automatic, the Vantage GTE uses a six-speed sequential manual transmission. Both cars use double-wishbone suspension front and rear, but the GTE gets adjustable anti-roll bars and Ohlins adjustable shocks. The brakes are also upgraded to six-piston front calipers and four-piston rear calipers from Alcon. It will start racing in the FIA World Endurance Championship in 2018. Related Video:

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.