2009 Aston Martin on 2040-cars

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Aston Martin appears to be testing a V12 Vantage in these spy photos

For a few years now, the Aston Martin Vantage has been without V12 power. It's technically been without Aston Martin power, too, since its twin-turbo V8 comes from Mercedes-AMG. But that may change in the near future based on these spy photos from the Nurburgring. They show a Vantage, but one that's wider and with exhaust that suggest it may get a few more cylinders like its close cousin, the V12 Speedster. Staring us down is the prototype's enormous front grille, taller and wider than standard Vantage units. It's flanked by two smaller inlets and underlined by an aggressive front splitter. The whole front seems to be wider, as evidenced by the mismatch around the front fender and hood. Speaking of the hood, there's a big mesh "V" sitting on top to cover what are likely heat-extracting vents, which would probably be important for handling the heat from a twin-turbo 5.2-liter V12. Changes at the back are a bit more subtle, but only a bit. The rear fenders have large fender flares, suggesting the production car will also be wider at the back with correspondingly larger tires. There's a little gurney flap on the rear spoiler, so we may see a more aggressive spoiler in production. We also see a center exhaust instead of each of the dual pipes on the ends of the rear diffuser. This exhaust looks a lot like what Aston used on the V12 Speedster, itself based on the Vantage, but without the roof section. This is probably the strongest evidence that the car has the extra cylinders. With Aston clearly knowing how to shove a V12 into a Vantage chassis, and the high-end sports car market's never-satiated desire for more powerful and rarer items, a V12 Vantage seems like a slam-dunk product. The question will be, what output will it make. The V12 Speedster made 700 horsepower, but it was a limited-production special edition. The V12 Vantage could get the DB11's 630-horsepower variant to give the Speedster a bit of breathing room. And that would still be a nice power increase over the 503 horsepower of the regular Vantage. Based on these spy shots, we'd bet we have around a year before we see the production model, maybe a little less, maybe a little more. Related Video:

Aston Martin sues Henrik Fisker over Thunderbolt design

Imitation is supposedly the sincerest form of flattery, but Aston Martin isn't blushing after taking a look at the Fisker Thunderbolt. The british luxury brand has filed a lawsuit against the designer for allegedly copying the company's designs without permission in a US District Court in California. Fisker unveiled the Thunderbolt at the at the 2015 Amelia Island Concours d'Elegance as his own take on the Vanquish. The former Aston Martin stylist's changes included reshaping the grille, adding a power dome to the hood and incorporating wraparound rear glass. The version on display was a concept for the design, but the plan was to sell a slightly modified production version through Galpin Aston Martin. This lawsuit puts assembly in doubt. "This lawsuit centres on Henrik Fisker's creation and promotion of automobiles that Aston Martin contends infringes Aston Martin's rights, by an improper and unauthorised attempt to exploit and free-ride off them," said a portion of a prepared statement from the company emailed to Autoblog (embedded in full below). According to Bloomberg, the automaker claims in the suit that portions of the design, including "the famous Aston Martin mark, wings logo, side vent mark, and Vanquish mark" are being coping in Fisker's design. The business also calls the plan to change the design for the production version a "bait-and-switch." Fisker helped to shape the look of the Aston Martin DB9 and V8 Vantage during his time as a designer at the brand. "Today Aston Martin filed a lawsuit in the state of California to protect its valuable trade marks, designs and intellectual property rights. This lawsuit centres on Henrik Fisker's creation and promotion of automobiles that Aston Martin contends infringes Aston Martin's rights, by an improper and unauthorised attempt to exploit and free-ride off them. Aston Martin regards such conduct as wholly unacceptable and reserves all rights available at law to challenge it."

Bond, junk bond? Aston Martin financial ratings go south as it awaits DBX

Ratings agencies Standard & Poor's and Moody's have taken a dim view of Aston Martin Lagonda. S&P cut its credit rating on the storied carmaker deeper into junk territory this week, and Moody's revised its credit outlook to "negative" after the company raised $150 million in debt from a bond issue at 12% interest, with the option to raise another $100 million at 15%. The Standard & Poor's rating was trimmed by one notch to 'CCC+', which reflects substantial risks and takes it close to default territory after a faster-than-expected cash burn this year. The outlook is negative.  The negative outlook reflects ongoing pressure on profits, a high cash burn, and very high leverage in the face of heightened risks linked to a potential no-deal Brexit and new tariffs on car imports threatened by the United States. The potential salvation for the company is its new DBX luxury SUV, the success of which is critical to its ambitious growth strategy and ongoing creditworthiness, S&P said. But Moody's noted that it's burning cash at a high rate as it nears the launch of the DBX. The British carmaker, known as James Bond's favorite marque, has been hit by falling demand in Europe, the Middle East and Africa. It slumped to a first-half loss in July. Chief Executive Andy Palmer said concerns around Brexit and U.S.-China trade relations were skewing the outlook to the downside, so it was prudent to address investor concerns about its balance sheet. "Taking this debt on — short-term debt — is we think the correct tool to completely remove that thesis that we don't have sufficient liquidity," he told Reuters. "In every substantial and material way, this ensures that we can get through to DBX in spite of what all of those global uncertainties might throw at us." The main tranche comprises notes with an interest rate of 12% due in 2022, while the additional notes could be issued under the same terms if permitted, or could be issued as unsecured notes with an interest rate of 15%, Aston Martin said. Shares of stock in the company, which have had a precipitous fall since they listed in London in October 2018 at 19 pounds, were trading down 5% at 545 pence in early deals. Broker AJ Bell said Aston Martin was known for its high end prices and that situation now also applied to its debt. "These rates are very high and are a major red flag that investors consider the car company to be a high risk entity," it said.