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Aston Martin to cut 15 percent of workforce

Aston Martin has announced it will slash nearly 300 jobs, or about 15 percent of its total workforce, as part of a cost-cutting bid. The changes aren't going to come on the factory floor, though. Instead, according to the Unite trade union, the majority of firings will involve white collar employees – administrators, managers, and the like – at the company's headquarters in Gaydon, England, Bloomberg reports. In an emailed statement to the business outlet, Aston Martin said eligible employees will be offered early retirement options. While Aston said there'd only be 295 employees released, Unite put the number at no more than 314. "Collective consultation with employee representatives, including Unite, has begun and the company is working with them to minimize the risk of compulsory redundancies," the union told Bloomberg. Aston Martin added that this move will have no impact on the company's production figures, although it's unclear what it could mean for future vehicles, like the production DBX and upcoming DB11. Related Video:

First Aston Martin DB5 Goldfinger Continuation complete

Two years ago, Aston Martin announced a run of 25 DB5 Continuation cars that would be track-only reproductions of the gadget-laden DB5 from the James Bond movie "Goldfinger." A long gestation involved collaborating with Bond production house Eon Productions and longtime Bond stunt coordinator Chris Corbould on gadget reproductions. About six weeks ago the English luxury maker announced it had begun building the first DB5 from scratch and by hand, mainly using the same techniques that went into creating the original DB5, saying each car would need about 4,500 man-hours to fabricate. Today we have the first fruit from Aston Martin's Heritage Division workshop in Newport Pagnell, England. All trickery is accounted for with the show car, including recoiling machine gun barrels that erupt from behind the headlights, front and rear bumper battering rams, tire slashers, revolving triple license plates, rear smoke screen and oil spray systems, a bulletproof shield rising from the decklid, telephone in the driver's door, center console radar screen, weapons tray under the seats, an ejector seat button under the shift knob to send ornery passengers through the partial sunroof, and a remote control to work Q Branch's driver safety features when away from the leather-wrapped seats. Anything deadly only simulates genuine operation, naturally. But the smokescreen works and the oil delivery system sprays real fluid, so we see some hot-lap mishaps and cleanups at Turn 4 in some track's future. The first DB5 built in 55 years comes with a 4.0-liter straight-six sprouting three SU carburetors, shooting 290 horsepower to the rear wheels via a five-speed manual gearbox and a mechanical limited-slip differential. Deliveries are certain to begin soon, each of the 25 examples starting at GBP2.7 million (about $3.4M U.S.). That's real money, sure, but a half-off bargain compared to the $6.4M paid for the 1964 DB5 used in the movie. Related Video:

Aston Martin teases the Vantage AMR with a manual gearbox

We are nigh on the debut of Aston Martin's Vantage AMR with a manual gearbox. The English carmaker teased the three-pedal sports car today, Autocar reporting we should see the genuine article sometime in the next week. We still have no idea what kind of transmission this will be — six- or seven-speed, and if a seven-speed, will it employ the motorsports-inspired dogleg setup? What we know is that this is first appearance of the hand-shaker transmission in the lineup since 2017, when Aston Martin made just 14 examples of the V12 Vantage V600. We also know a lot of work went into it. When going public last year with the fact that the manual gearbox would return, Aston Martin explained the height of the challenge involved. The Mercedes-AMG 4.0-liter twin-turbo V8 sitting in the Vantage's engine bay has never been paired with a manual gearbox, so Aston Martin has to create the software and driveline hardware from scratch to make it work. The resulting gearbox will come tuned to make drivers earn their thrills. Chief engineer Matt Becker said, "It reminds you that you have to know how to drive." As a product of the Aston Martin Racing subdivision, and with so much work involved already, the car will surely get other tweaks. The most recent AMR-designated Aston Martins, the DB 11 AMR and Rapide AMR, featured more power, hardcore chassis setups, and a kit of menacing, carbon fiber aero addenda. They also came with substantial price increases, and the Vantage AMR shouldn't disappoint there, either.