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Aston Martin opens new factory to build key first SUV

ST ATHAN, Wales — Aston Martin opened a new factory in Wales on Friday to build the British automaker's first sport utility vehicle, key to its hopes of a turnaround after a poor performance this year sent shares tumbling. Aston launched its DBX model last month, hoping that more female buyers will help boost sales after a year in which it has so far posted a pre-tax loss due to weaker-than-expected demand for its sports cars, particularly in Europe. "The opening ... is a hugely important milestone in the companyÂ’s growth plan and integral to our ambitions as a global luxury brand with a presence in all major sectors of the market," said Chief Executive Andy Palmer. The St Athan site near Cardiff in south Wales is the 106-year-old firm's second car plant after its existing site in Gaydon, central England. Aston has seen its share price fall by around 75% since a stock market flotation in October 2018 as the global automotive industry faces the challenge of falling demand in several important markets and the need to spend more electrification. On Thursday, Autocar magazine reported that Canadian billionaire Lawrence Stroll, owner of Formula One team Racing Point, is preparing a bid for a major stake in Aston Martin, prompting its shares to rally. Aston declined to comment on the report.   Featured Gallery 2021 Aston Martin DBX: L.A. 2019 View 40 Photos Plants/Manufacturing Aston Martin SUV

Aston Martin Project 003 is a road-going evolution of Valkyrie

The Aston Martin Project 003 will effectively be the most road-going example of Aston's mid-engined hypercars. It quite obviously draws heavily from the Valkyrie (aka Project 001), which is as much the result of aerodynamic requirements as it is maintaining a family resemblance. It may not appear to be as extreme in certain respects, and it isn't, but it does feature a number of advances. The 003 utilizes the next-generation of "aircraft morphing technology, to create a variable airfoil across the entirety of the rear wing. The technology named FlexFoil ... has been validated by NASA through extensive performance and acoustic flight testing, with Aston Martin the first to implement this cutting-edge aerospace technology in the automotive industry. The system allows for the car's downforce to be changed without changing the physical angle of the entire element." So yeah, fancy stuff, and in fact, the production version will feature an even further evolution of the technology. Aston hasn't released full details, but did indicate the 003 will be powered by a hybrid powertrain consisting of a new turbocharged V6 developed in-house. This is in contrast to the Mercedes-sourced engines in recent Aston Martins. It will feature a sealed oil system previously utilized in the Aston Martin Vulcan and in multiple 24-hour endurance races that allows for oil changes in 90 seconds and the refinement and reuse of the engine oil itself. The production 003 will be the first road-going car to receive this technology. There is plenty shared with Valkyrie, however, including the active suspension and various electronic systems. Aston says the chassis will be "blessed with next-level precision, control and driver connection for class-leading dynamics on road and truck." Also like the Valkyrie, Project 003 utilizes a lightweight carbon fiber structure with carbon fiber bodywork. It was shaped for maximum aerodynamic effect, which results in the two mid-engine hypercars sharing a common shape and general look. One noteworthy visual difference are the front and rear lighting units. Their lightweight technology are shared, however. Aston Martin says the 003's four lighting units weigh less than one DB11 headlamp. Inside is where the 003 most ventures away from the Valkyrie, and where it demonstrates its more road-going nature. Greater concessions have been made for usability and comfort, although that is certainly relative.

Alfa Romeo 8C and GTV: Classic names revived as high-powered hybrids

BOLOCCO, Italy — There were grand plans for Alfa Romeo at FCA's last five-year plan. By 2018, we were supposed to get eight new products, including a new "specialty" vehicle. In reality, we've gotten the Giulia and Stelvio. At this year's follow-up, Alfa Romeo brand head Tim Kuniskis called the last plan ambitious, but he offered a new vision that was both more realistic and more far-reaching. Beyond doubling down on utility and electrified vehicles, by 2022 Alfa has plans to revive both the 8C and GTV names as high-performance hybrids. Since 2014, Alfa sales are up 160 percent, with an estimated 170,000 vehicles to be sold in 2018. The North American market counts for 16 percent of that, up from nothing back in 2013. Future products will focus on Alfa's current strengths: styling and performance. Look for new compact and full-size utility vehicles to slot on each side of the Stelvio. Plans for a larger sedan seemed to have been nixed, though a long-wheelbase version of the Giulia will make it to the ever-increasing Chinese market. The most exciting news obviously comes from the return of the 8C supercar and GTV sports car. We have few details, but what we do know looks promising. The 8C will use a carbon-fiber chassis with a mid-mounted twin-turbo V6. More than 700 horsepower will be sent to all four wheels thanks to an electrically-driven front axle. The car should hit 62 mph in fewer than 3 seconds. The GTV will be slightly more tame, though Alfa is promising more than 600 horsepower from its hybrid powertrain. The four-seater will also have all-wheel drive, torque vectoring and a 50/50 weight distribution. The brief teaser image shows a car that looks like a two-door Giulia, though it's unclear if we'll actually get a new coupe. Electrification, autonomy and connectivity are coming, too. Obviously, the 8C and GTV will get electrified powertrains, but look for each Alfa Romeo model to have some sort of electrification available. Look for six plug-in hybrids with all-electric ranges of more than 30 miles. Level 2 and 3 autonomous systems are coming, too. Related Video: Design/Style Earnings/Financials Green Alfa Romeo Aston Martin Coupe Crossover SUV Hybrid Luxury Performance Supercars FCA alfa romeo 8c