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Aston Martin CEO plans for seven-vehicle lineup

Aston Martin which has survived for the last hundred or so years with a remarkably tiny vehicle lineup, is now making preparations for its next seven vehicles, according to the company's CEO, Andy Palmer. The CEO elaborated on the company's "Second Century Plan" explaining that it'd feature a three-pillar product road map that is apparently "crystal clear." Pillar one, sports cars, should surprise no one. The three-pronged lineup will continue, with the new DB11 sandwiched between the Vantage and Vanquish replacements. But don't expect more than three Aston sports cars – Palmer shut down the idea of a car below the Vantage. Next, we have "saloons," which means sedans, if you prefer coffee to tea and Hershey's to Cadbury. This is trickier, of course. In April of 2015, we reported that the Rapide sedan would die and that the DBX would be its replacement. But in October, we reported that the Rapide name may live on as an all-electric model. That same April report also claimed we'd see a Lagonda-badged sedan, which now seems like a virtual certainty following the success of the rare Lagonda Taraf. The tea leaves of pillar three – crossovers and "specials" – are the most difficult to read. We know the rakish DBX crossover is coming. But we're wagering that Aston will complement its CUV/SUV lineup with something more traditional that could combat stuff like the Bentley Bentayga. But rather than badging it as an Aston, we think it's more likely this hypothetical vehicle would be badged as a Lagonda. Here's why. The last thing we wrote about a Lagonda SUV came in July 2014, when reports indicated that plans for such a vehicle had been abandoned. But with the explosion in CUVs at virtually every price point, it seems impossible for Aston Martin to ignore the segment. This would give the company a two-pronged approach. We doubt Aston would reestablish the Lagonda brand to just sell a single vehicle. What about the specials, though? That sounds like low volume and high performance to us, which could mean a One-77 successor. Aston has gone on record as saying it'd be open to aerodynamic god Adrian Newey penning a hypercar design. In fact, regarding a Newey-designed Aston, Palmer himself said, "There is rarely smoke without fire." If this were to ever happen, though, we're betting it won't be for some time. The DB11, Vantage/Vanquish replacements, and DBX will be the first new vehicles from the brand, Palmer indicated.

Aston Martin Bulldog gets another chance to wedge its way past 200 mph

Tell us if this sounds familiar: In the mid-1970s, Aston Martin decided it wanted to prove its engineering prowess by building a car that would hit 200 miles per hour, so company designer William Towns penned the Bulldog DP K9 concept; in 1980, Aston Martin test drivers took the Bulldog to 191 mph at the MIRA test track, but the company was short on cash, so when Victor Gauntlett bought a 10% stake in the company and became chairman in 1981, he canceled the Bulldog program. The company sold the car to a Middle Eastern collector in 1982, while Gauntlett engineered a sales recovery and Aston Martin's return to the James Bond franchise. Now, 37 years later, Classic Motor Cars (CMC) in Bridgnorth, wants to show off its new engineering facility and prowess, and it intends to do so with the Bulldog. CarBuzz picked up on the story that the concept's current owner sent the coupe to CMC for a nut-and-bolt restoration, expected to take roughly 18 months. After that, the Bulldog will take a run at its destiny, aiming for 200 mph, or even better, the 237 mph that Aston Martin engineers at the time said the car should do.      The Bulldog's ultra-wedge shape, stretched over 186 inches and just 43 inches high, could not have come from any other decade. A panel on the front lowered to reveal five square headlights, while giant gull-wing doors doubled the car's height when opened. The interior, matching the Towns-designed Lagonda Series 2, showed off LED lights, buttons and touchscreens. Designers put the 5.3-liter V8 from the front-engined "Oscar India" V8 Vantage into the middle of the Bulldog, then lashed two Garrett turbochargers on top, final output claimed to be 700 horsepower and 500 pound feet of torque. Shifting through a five-speed manual, the rear-wheel-drive, 3,814-pound coupe hit 60 miles per hour in 5.1 seconds. If the Bulldog had achieved its target, it would have been the fastest production car in the world. The plan was to build up to 25 units for sale, which would pay for development costs said to exceed 1 million pounds at the time. The restoration will return the concept to its original state, CMC's managing director adding that it "may include modern components and technology to improve the car's reliability." The original car, for instance, didn't have side mirrors; those were supposedly added by the Middle Eastern collector. The original was gray and white, not green, had a black interior instead of tan.

Aston Martin owners rev up for possible sale or stock IPO

LONDON — Aston Martin's owners have hired financial advisory firm Lazard to prepare for a stock market listing or sale of the British sports car maker made famous by fictional spy James Bond, sources familiar with the matter told Reuters. Italian private equity fund Investindustrial and a group of Kuwaiti investors, who together own more than 90 percent of the marque, are hoping to cash in on a recovery in sales and are in the initial stages of a strategic review. They have hired investment bank Lazard to work on a preliminary plan and could either opt for an initial public offering (IPO) in the third or fourth quarter of 2018 or a trade sale, two of the sources said on Friday. A deal could value the maker of the sports car driven by Britain's Prince William on his wedding day at between 2 billion and 3 billion pounds ($4 billion), one of the sources said, adding a listing was the most likely option. However, no final decision had been taken and the investors could decide to retain control, the sources added. Investindustrial declined to comment while Aston Martin and Lazard did not return requests for comment. Adeem Investment, one of the Kuwaiti investors, was not immediately available. If successful, a float of Aston Martin would be a milestone deal for the 104-year-old car manufacturer and would follow the IPO of Italian sportscar maker Ferrari which made its Wall Street debut in 2015 amid strong investor demand. Investindustrial, led by founder Andrea Bonomi, bought 37.5 percent of Aston Martin in 2012 in what was the fund's best-known investment in Britain. The fund, which has clinched a number of Southern European investments since its launch in 1990, is Aston Martin's single biggest investor and is driving the plans, the sources said. Beside Lazard, other investment banks have approached the private equity fund in recent weeks offering advice ahead of a possible IPO, another source said. Yet no other mandates will be awarded this year for the Gaydon-based firm, which is in the midst of a turnaround plan that aims to restore the business to profitability following six years of losses. Aston Martin, which recently unveiled its new Vantage model, is on course to post its first annual pre-tax profit since 2010 as strong demand for the luxury automaker's DB11 sports car boosts its performance.