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Aston Martin losses shrink, still amount to nearly $10k per car
Wed, Oct 8 2014Aston Martin's current lineup may be the best it's ever been, but that doesn't mean the automaker is making money off its Vantage, DB9, Vanquish and Rapide dream machines. In fact, the company lost $41 million in 2013, but that pretax figure is actually a third lower than in 2012. Revenue was up a promising 12.6 percent, according to Reuters. The Kuwaiti-owned British manufacturer blames its losses on the still troubled global economy, acknowledging that it's seen a small recovery in the ultra-high-end segment of the market. Global sales were up from 3,800 to 4,200 in 2013. To put it all in perspective, $41 million in losses on 4,200 units works out to around $9,700 lost per vehicle sold. That's no way to run a railroad. While the company's CFO, Hanno Kirner, told Reuters the company is hoping for a big bounceback by 2016, Aston's fortunes in the United States remain uncertain due to a new federal side-impact standards. The company has filed for exemption, although the jury is still out on the success of that petition.
Ford's J Mays feels vindicated by Fusion reception
Tue, 25 Sep 2012It's hard to think back now, but the same man overseeing the design of the 2013 Ford Fusion also presided over a rather lackluster period in Ford design, highlighted by vehicles like the Five Hundred and Freestyle. With the redesigned Fusion receiving high praise, J Mays tells Automotive News that he feels vindicated from criticisms suggesting he's not a daring enough designer.
When Mays took over as lead of design in 1997, he admits to having quite an ego ("My head would barely fit through the door some days. I've long since gotten over myself") and the workload to match. With the Blue Oval's portfolio full of premium brands like Aston Martin, Jaguar, Land Rover and Volvo at that point, along with the bread-and-butter Ford, Lincoln and Mercury models, Mays certainly had quite the challenge.
It was in the mid-2000s that Mays took over just the premium brands, and took on the new title of Chief Creative Officer. At the time, Mays endured some criticism for looking backwards to retro styling, rather than setting a new standard for American car design - criticism that Mays says he is free from with the all-new Fusion.
Aston Martin Valkyrie officially makes 1,160 horsepower
Fri, Mar 1 2019The Aston Martin Valkyrie hypercar will have a total system output of 1,160 horsepower and 664 pound-feet of torque. We knew the raw figure from the naturally aspirated V12 engine was 1,000 horsepower, but a few details on the KERS-style hybrid assistance system were released today. In doing the math, this means the single electric motor mounted in the gearbox is responsible for adding 160 horsepower and 207 pound-feet of torque to the equation. Aston says the electric motor and battery pack were developed with the help of Integral Powertrain Ltd and Rimac as suppliers and partners. We all know Rimac for its ridiculous electric supercars it has made, so it looks to be a smart partnership for now. Peak combined power is made at a dizzying 10,500 rpm, with peak torque coming in at a still-high 6,000 rpm. If you missed out on the engine breakdown from this past December, then know the 6.5-liter V12 will keep spinning until 11,100 rpm. We're guessing this race-car-like number drops your jaws, just as it does ours. Cosworth and Aston Martin teamed up to create this beauty of an engine — sound clips of it running make us think we're listening to historical Formula 1 footage; it's that good. This news comes ahead of the 2019 Geneva Motor Show next week, which could prove itself a launching pad for even more information to be learned about the Aston Martin hypercar. At this point we know there will be an even more exclusive AMR Pro track-only variant and a track pack option for the "normal" Valkyrie, which isn't all that normal itself. It's expected to weigh a light 2,200 pounds and have an unrestricted top speed of 254 mph. Aston appears to be continuing development on the car, so don't consider those final quite yet. Related video:
