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Aston Martin boss says DBX is about securing the future

The Aston Martin DBX was a revelation when it debuted at the 2015 Geneva Motor Show. Not only did the concept evolve the British brand's traditional shape into a high-riding crossover coupe, there were electric motors to power each wheel. Just a few weeks ago, we learned that the company secured $306 million in funding to actually bring the DBX to production. Now, CEO Andy Palmer is talking about just how important the model is for the future. With the DBX moving into such a radically different segment than the rest of the lineup, the model gives Aston Martin the opportunity to go after a new group of customers. "You can't create enough working capital with just 7,000 cars a year whichever way you look at it. You've got to extend the portfolio somewhere, and I'd rather do this than sell caps and t-shirts," Palmer said to Auto Express, taking a slight dig at Ferrari. While Aston calls the DBX a crossover, its coupe-like lines don't look like any other vehicle in the segment, especially other high-style CUV attempts like the BMW X6 and Mercedes-Benz GLE-Class Coupe. Apparently, that differentiation is entirely on purpose. "We think there is a different space to the traditional SUV. Why? Because we make beautiful cars, and it's hard to make a beautiful SUV. It's hard to make a box beautiful," Palmer said to Auto Express. The production DBX will gain two more doors for the start of production in 2019, according to Auto Express. The high-performance electric powertrain will remain, though, and Aston will aim for a range of over 300 miles. Earlier reports also suggested that the CUV could be produced at a new factory in the US. Aston Martin isn't abandoning its performance legacy entirely, though. The DBX is just one part of Palmer's Second Century plan, and the other major pillar is replacing every model in the brand's lineup by the end of the decade. One of them has already been spotted testing. Related Video: The video meant to be presented here is no longer available. Sorry for the inconvenience.

2019 Aston Martin DBS Superleggera Volante breaks cover

With less than a month to go before the official unveiling, it appears that the 2019 Aston Martin DBS Superleggera has been spied in Volante convertible form. The car is very clearly related to the DB11 GT sports car currently available, but with a number of updates. It should also be lighter (hence the Superleggera name) and more powerful. The most notable exterior change is in the front fascia, particularly the main grille. The traditional Aston grille shape has been stretched downward in the style of the Rapide and the Vantage AMR Pro. It also ditches the classic slats for an aggressive black mesh. Flanking the grille are two large air inlets that surely provide more cooling to the engine. Their positioning would be ideal for brake cooling, too. On the hood, the new DBS Superleggera gets two large vents right in the middle. Based on a teaser image, there will be Superleggera badging in a classical script next to the vents. The hood also has a bit of a raised dome down the middle. Moving around to the side, the car is basically unchanged save for deeper side skirts. The rear also lacks much in the way of changes. It has sprouted an additional pair of exhaust tips. Interestingly, each side has a small tip and a large one. We're not sure if this is a stop-gap measure for the prototype, or if the different-sized tips will be a production feature. When the car is revealed in June, it will come with a version of the twin-turbocharged 5.2-liter V12 found in the DB11. It will almost certainly have more power than existing DB11 models, meaning it will have more than the 630 horsepower of the DB11 AMR. Rumors have even indicated as much as 700 horsepower. With the Superleggera name, it will likely be lighter than existing DB11s, too. And of course, expect a price above other DB11s. Related Video: Featured Gallery 2019 Aston Martin DBS Superleggera spy shots View 24 Photos Image Credit: SpiedBilde Spy Photos Aston Martin Convertible Luxury Performance Supercars aston martin db11 aston martin dbs superleggera

Aston Martin's biggest investor considers increasing its stake

LONDON — The biggest investor in Aston Martin is considering buying another 3% stake, offering to increase its holding after shares in the luxury carmaker crashed almost 50% since its listing nine months ago. Strategic European Investment Group, part of the Italian private equity group Investindustrial, owns 31% of Aston Martin. It only wants to buy a maximum 3% stake but has to make an offer to all shareholders due to its already large holding. It has secured agreements from existing shareholders such as a group of Kuwait-based investors to back the move. It is offering to pay 10 pounds per share, the price at which the shares closed on Friday. It must make a decision by July 29. Aston Martin has struggled since it listed in October last year. Its shares fell on the opening day and are now down 47 percent. The company's recent results have been hit by a need to invest more in its manufacturing plants and expand its vehicle offering, leading to higher costs.  Related Video: