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Aston Martin sold its old Vanquish tooling, but to whom?

Where do car models go when they become old? In some cases, they go to developing markets to be reborn again: Nissan built the Sentra in Mexico for ages, and old Peugeot saloons have been made in Iran for decades. Sometimes a separate company buys the tooling, which has been the case for Saab, for instance: the 9-3 and 9-5 sedans found a new life in China, albeit with new sheetmetal. These scenarios usually play out with passenger cars and trucks, and more rarely with sports cars. But for the Aston Martin Vanquish, there might be plans afoot. Aston Martin was revealed to have sold the second-generation Vanquish tooling and design drawings in June, for around $26 million. Aston didn't disclose the name of the buyer, so speculation quickly rose. Who wants to start building the V12 range-topper originally launched in 2012? Automotive News suggests the buyer could be a boutique European tuner such as Mansory, who would expand from converting cars into having bespoke products of its own. Jalopnik mentions Zagato, who has already partnered with Aston Martin and helped create the exclusive Zagato Vanquish. Whoever the buyer turns out to be, they will get 18 months of assistance from Aston Martin Consulting, as dictated in the deal. An interesting development would be if the Vanquish would be recreated as an electric supercar, if the anonymous buyer chooses not to fit their creations with Aston's V12 engines. Still, Aston won't be the first British sportscar maker to sell its tooling to another company: surely everybody remembers the time the front-wheel-drive Lotus Elan reappeared in Korea, as the Kia Elan/Vigato? Related Video:

UK electric motor maker YASA expands production 50-fold for EVs

LONDON — British electric motor manufacturer YASA said on Thursday it was increasing its production capacity from 2,000 to 100,000 units with a new factory to tap into growing demand from carmakers for greener technologies. Automakers are racing to build greener vehicles and improve charge times in a bid to meet rising customer demand and air quality targets but Britain lacks sufficient manufacturing capacity, an area the government is building up. Last year, the government picked a site in central England to house a new automotive battery development facility, which will develop the processes required to manufacture the latest battery advancements. On Thursday, YASA, based near the English city of Oxford, said it had raised another 15 million pounds ($21 million) as part of its expansion. "Our customers are looking to adopt innovative new technologies such as YASA's axial-flux electric motors and controllers in order to meet the needs of the rapidly expanding hybrid and pure electric automotive market," said Chief Executive Chris Harris. The firm exports 80 percent of production and has worked with companies including Britain's two biggest carmakers Jaguar Land Rover and Nissan as well as Aston Martin. JLR will decide this year whether to build electric cars in its home market, previously citing factors such as pilot testing and support from science and government as pre-requisites. Reporting by Costas PitasRelated Video:

Aston Martin CEO dreams of an electric future for James Bond

With an endless stream of leggy models, futuristic weapons, and a dashing wardrobe, James Bond can rightfully be associated with indulgence. But his car of choice may soon take on a more ecologic bent by way of electric motor and some batteries. So says Andy Palmer, who is predicting an electric vehicle in Bond's future. EVS are 'almost as inevitable as death and tax.' - Andy Palmer Palmer, of course, is CEO of Aston Martin. As he said in a recent interview with CNBC, mass adoption of electrified vehicles is "almost as inevitable as death and tax," and that will extend to Bond – James Bond – as well. Take a look at CNBC's one-minute video clip with Palmer here. The fictional character has been linked to Aston Martin since the third James Bond film, 1964's Goldfinger. In it, the spy, then played by Sean Connery, drove an Aston Martin DB5. Most recently, Aston Martin built James Bond's DB10 especially for the 2015 film Spectre. The lure for the spy would be less the environmental statement and more the fact that electric cars have a ton of torque and can take off like a shot, says Palmer. He should know, having joined Nissan in 1991 and playing a key role in the development of the Nissan Leaf. He also pushed Nissan to add an electric powertrain to the Infiniti LE with the goal to do so by 2014, but by that year he'd left Nissan for Aston Martin. As for the UK automaker, it said last year that it was working with investment firm ChinaEquity on fitting the Aston Martin Rapide with an electric powertrain by 2017, and the car may have as much as 1,000 horsepower, too, which should be plenty for Bond. The company may also be working on an all-electric DBX SUV.