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Aston Martin makes RapidE electric car a limited edition after LeEco pulls out

Aston Martin was forced to scale back production plans for its first electric model after cash-strapped investment partner LeEco pulled out of the project, Chief Executive Andy Palmer told Reuters on Monday. The result, though, may be an even more exclusive car, aimed at customers who consider Tesla's top of the range $130,000 Model S to be a little too run of the mill. Aston Martin will build only 155 of its RapidE, about a third of the initial plan, and lean more heavily on Formula One engineering specialist Williams after the withdrawal of Chinese TV and smartphone vendor LeEco, Palmer said. The setback and Aston's response underscore the challenges and risks niche carmakers face as they scramble to address future demand for electrification from consumers and regulators. While the privately held Aston Martin brand benefits from the endorsement of fictitious spy James Bond, it lacks the backing of a large automotive parent that many rivals enjoy. "We've decided to make this car rare, which will obviously tend to push the price higher," Palmer said. "Aston Martin now plans to proceed independently, funding further development of RapidE by ourselves." Palmer agreed to be interviewed after sources told Reuters Aston Martin's partnership with LeEco had unraveled. Unveiling the alliance in February last year, LeEco and Aston pledged to launch an all-electric version of the Rapide S sedan in 2018. But the Chinese conglomerate has since slashed its electric car investments, including its U.S. startup Faraday Future's planned $1.3 billion factory in Nevada. Some Faraday suppliers, including seat maker Futuris and media provider Mill Group, have sued the company for non-payment, according to court records. Spokesmen for LeEco and Faraday did not respond to requests for comment on the end of the Aston partnership. Aston Martin declined to discuss its partner's business. $250,000 PRICE TAG Aston returned to profit in the first quarter, a decade after it was sold by Ford. Now owned by private equity groups Investindustrial and Kuwait's Investment Dar, the company is rolling out a new model each year under a taut recovery plan drawn up by Palmer, who joined from Nissan in 2014. Without LeEco's backing, the sports carmaker, based in Gaydon, Warwickshire, is pushing ahead as sole investor in the electric car, after paring down production and pushing back the launch date to 2019. The plan won board approval on June 21.

Mercedes to offer SL, GL platforms to Aston Martin?

The agonizingly slow courtship between Aston Martin and Mercedes-Benz has been a regular topic of conversation ever since the 2009 Lagonda Concept debuted, riding on a Mercedes GL chassis. Beyond that one polarizing concept, though, nearly every other attempt to pair the two brands up in a major way has fallen through. Only the technical partnership between Mercedes and Aston for certain components from AMG, which was negotiated back in July, has held up so far.
That may finally be set to change, according to an excellent profile of the two brands' relationship from Automobile, which claims that two platforms will unite the Germans and Brits. The first tie up is, not surprisingly, a sports car.
As Aston Martin's VH platform - which underpins every car that comes out of Gaydon - continues to age, the pressure will well and truly be on Aston to find a next-gen replacement to underpin the successors to the Vantage, Vanquish, DB9 and Rapide. Automobile claims Mercedes has just such an architecture, in the form its new modular sports car platform. This new platform is slated for the next-generation SLK and SL and is still in its design infancy.

Aston Martin DB9 GT breaks cover

Based on recent spy shots, it appears that the Aston Martin DB9 might be nearing retirement. Thankfully, the British sportscar brand isn't letting the high-performance grand tourer wither on the vine until a replacement arrives. Instead, the company is launching the most powerful version of the model yet with the introduction of the DB9 GT at this year's Goodwood Festival of Speed. With its tuned 6.0-liter V12 getting an extra 30 ponies to push output to 540 horsepower, the DB9 GT certainly doesn't lack for power, and that muscle routes through the brand's six-speed Touchtronic II gearbox. The potent powertrain can launch the luxurious model to 60 miles per hour in a claimed 4.4 seconds and to a reported top speed of 183 mph. The latest model offers more than just a performance upgrade, though. On the outside, the DB9 now wears a black front splitter and rear diffuser. It also rides on new 10-spoke, 20-inch wheels, and you can spot black-anodized brake calipers just behind them. For a further flourish, GT is engraved on the aluminum fuel cap, and if all of that isn't enough, buyers can spec a plethora of optional, carbon-fiber trim. Inside, the GT's big upgrade is a switch to Aston Martin's latest AMi II infotainment system. It features a revised menu structure that the company claims makes working the tech more user-friendly. This DB9 delivers on luxury too with fluted-leather seats and an Alcantara-wrapped steering wheel. The DB9 GT is available for order now, and the price for the additional power and luxury in the US starts at $199,950. It's not the only Aston Martin receiving some attention, though, because the 2016 model year examples of both the V8 Vantage and Rapide S also get the AMi II system. They benefit from new color and upholstery options, as well. Aston Martin reveals DB9 GT – the ultimate in bespoke grand touring New GT model showcases the very best of DB9 Most powerful DB9 to date with 540 bhp from 6.0-litre V12 engine Colour, trim and equipment additions for Vantage and Rapide S models 24 June, 2015, Gaydon: Aston Martin is today revealing the DB9 GT – the luxury British sports car maker's most compelling production 'DB' to date. Designed to offer the best of what DB9 can be, the new car delivers world-class grand touring and hand-built excellence.