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Cash influx could help Aston Martin double sales

Aston Martin is on the verge of a major product overhaul – complete with new architecture and powertrains. And good thing, considering that the Vantage and DB9 are each about a decade old. But to make it all happen, the British automaker is going to need a massive capital influx. Fortunately, that's just what it got when Investindustrial came on board. The Italian private equity fund, which previously owned a large chunk of Ducati and is now building a Ferrari theme park in Spain, bought a 37.5 percent stake in Aston Martin back in 2012. The acquisition reportedly cost Investindustrial the better part of a quarter billion dollars, but that's not the end of the firm's investment in Aston. According to Bloomberg, Investindustrial is now pouring even more into the Gaydon-based marque to help fund its product blitz. The output of that investment is expected to be announced at the upcoming Geneva Motor Show. That's where Aston's new chief executive Andy Palmer (whom Investindustrial reportedly helped poach from Nissan) is tipped to announce the company's new product plan that is earmarked to help double the company's sales from around 4,000 units last year to as many as 8,000 once those new products reach the market. The plan will assuredly include replacements for Aston's trademark luxury GTs, but could also encompass a new crossover utility vehicle to give it a greater foothold in growing markets like China while taking on similar new products from key rivals like Bentley and Maserati. While those two competitors are owned by larger auto groups – Volkswagen and Fiat Chrysler, respectively – Aston is independent. It's brokered a deal with Mercedes (thanks once again in no small part to Investindustrial) to help with components it can't effectively develop in-house, but the cash injection will be critical to the brand's revival plans.

This Aston Martin aircraft should be James Bond's next ride

Aston Martin is claiming the sky as it shows off its VTOL hybrid-electric aircraft. The Volante Vision Concept is Aston Martin's solution to reducing congestion in cities and towns. The luxury VTOL aircraft seats 3 adults and includes a windshield HUD delivering vital flight information. Transcript: The future of commuting, Aston Martin's Volante Vision Concept is a luxury VTOL aircraft. Aston is preparing for a world where flight plays a bigger role in daily travel. It is the product of a joint venture with Cranfield University, Cranfield Aerospace Solutions and Rolls-Royce. Aston says it's a "near-future study" that previews both urban and inter-city travel. Fitting up to three adults, this flying hybrid-electric vehicle aims to be autonomous. Inside, the surrounding windshield provides a HUD delivering vital flight information. Forgoing a traditional airplane design the Volante Vision Concept looks more like a Quadcopter. "With the population in urban areas continuing to grow, congestion in towns and cities will become increasingly demanding. We need to look at alternative solutions to reduce congestion, cut pollution and improve mobility," says Aston Martin President and CEO Dr. Andy Palmer. Now let's see James Bond fly this around.

Aston Martin's electric Lagonda lineup to open with a crossover

At the time of the Geneva Motor Show, Aston Martin announced it would be re-awakening the storied Lagonda brand to manufacture zero-emission luxury cars. The timeline for these was cast to 2023 at first, but now information has come to light that Lagonda would start selling cars two years earlier, with — you guessed it — an SUV. AutoExpress is reporting that the first model for Lagonda will be a full-electric SUV, which would share some of its technology with the Aston Martin DBX, which might gain the name Varekai when it hits production. Talking to AutoExpress, company CEO Andy Palmer divided the future plans in two: "if it's an Aston, it's probably got a gasoline engine and it's probably got a V-configuration. It might or might not have a hybrid attached to it. But if it's a Lagonda, it's 100 percent electric." Palmer says Lagonda could be able to sell cars via a separate network in the U.K., but that globally the cars would have to co-exist in Aston Martin brand centers. Palmer wouldn't confirm whether the 2021 Lagonda SUV would also be made in the same St. Athan factory as the DBX. The Lagonda sedan was previewed by the swoopy Vision Concept, which Palmer says is "a design study" that focuses on core elements of the Lagonda. Palmer says two key aspects of the concept might not yet be production-ready by 2021: the solid state battery and Level 4 autonomy. The production car should have a realistic range of more than 400 miles, and it should be able to whisk customers away as effortlessly as a chauffeur-driven sedan. View 14 Photos Related Video: