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Aston Martin losses shrink, still amount to nearly $10k per car
Wed, Oct 8 2014Aston Martin's current lineup may be the best it's ever been, but that doesn't mean the automaker is making money off its Vantage, DB9, Vanquish and Rapide dream machines. In fact, the company lost $41 million in 2013, but that pretax figure is actually a third lower than in 2012. Revenue was up a promising 12.6 percent, according to Reuters. The Kuwaiti-owned British manufacturer blames its losses on the still troubled global economy, acknowledging that it's seen a small recovery in the ultra-high-end segment of the market. Global sales were up from 3,800 to 4,200 in 2013. To put it all in perspective, $41 million in losses on 4,200 units works out to around $9,700 lost per vehicle sold. That's no way to run a railroad. While the company's CFO, Hanno Kirner, told Reuters the company is hoping for a big bounceback by 2016, Aston's fortunes in the United States remain uncertain due to a new federal side-impact standards. The company has filed for exemption, although the jury is still out on the success of that petition.
Bonham's will auction Paul McCartney's old Aston Martin DB5
Thu, Nov 16 2017At the company's Bond Street, London auction, Bonham's will offer a 1964 Aston Martin DB5 that is possibly one the most British cars around. Not only is it an example of a classic British sports car known for being driven by James Bond, this exact car was purchased new by Sir Paul McCartney. And as an added bonus, it was also previously owned by former Top Gear host Chris Evans. According to Bonham's, McCartney ordered the car after The Beatles appeared on the Ed Sullivan Show and after finishing the Hard Day's Night movie. It was originally finished in blue with a black leather interior, which you can see here. It came with a couple of nice touches for a musician, as well. It had a Philips Auto-Mignon automotive record player installed, one of which remains with the car. The auction company also mentions a rumor that the leather had stitched-in musical notes. McCartney kept the car for about six years after buying it in 1964, and he seemed to have driven it a fair bit. When the clutch was replaced in 1970, the odometer read a bit over 40,000 miles, which is impressive considering how much traveling McCartney was surely doing with The Beatles. The car changed hands a number of times in subsequent years. In 2002, it was restored and once again finished in blue with a black interior. It wasn't until its second restoration that started around 2012 and 2013 that the color scheme changed to silver with a dark red interior. That restoration wrapped up this year and included updates to the engine that increased displacement from 4.0 liters to 4.2 liters and upped compression. The results are an engine that jumped from 282 horsepower to 315 horsepower and from 280 pound-feet of torque to 305. The car will be auctioned on December 2 at the Bond Street auction in London. Bonham's predicts the car will go for between $1.6 million and $2 million. Interestingly, that's only a little above Hagerty Insurance's estimate of $1.4 million for a concours-quality DB5. It's also substantially more than the roughly $500,000 this exact car sold for back in 2012. Related Video: Featured Gallery 1964 Aston Martin DB5 owned by Paul McCartney View 13 Photos Image Credit: Bonhams Aston Martin Auctions Coupe Classics bonhams chris evans aston martin db5
Aston Martin DBS Superleggera Concorde Edition celebrates airspeed
Tue, Nov 26 2019This year is the 100th birthday of British Airways, as well as the 50th anniversary of the first flight for the Aerospatiale/BAC Concorde supersonic passenger jet. Today marks the 16th anniversary of the Concorde's final hop, when Concorde 216 registered as G-BOAF flew from Heathrow to Bristol, England, with 100 BA employees on board, to roll into a display space at the Aerospace Bristol museum. That same plane was the last Concorde built, coming off the line in 1978 at BAC Filton Bristol. To celebrate the plane and BA and its aerospace neighbor, Aston Martin Bristol commissioned 10 special editions called the DBS Superleggera Concorde. Pieced together with the expertise of Q by Aston Martin, the coupe is the latest in Aston Martin's aviation-inspired Wings Series specials, following the Vanquish S Red Arrows Edition, Vantage Blades Edition, and V12 Vantage S Spitfire 80. Dressed in white, the coupe gets ornament in British Airways livery colors on the front splitter, roof strake, rear spoiler, rear diffuser, and inside the Aston Martin wings badge. A Concorde graphic decorates the black, carbon fiber roof, and a Concorde-shaped chunk of solid aluminum streaks through the side strakes. The British Airways "Speedmarque" logo is on the front fender above the black enamel Q by Aston Martin badge, the rear fenders wearing registration G-BOAF. Printed Alcantara on the Superleggera's cockpit headliner displays a sonic boom graphic, the front visors get mach meter graphics, the front seats show off Concorde and Speedmarque logos. Pieces of titanium compressor blades from the supersonic bird have been turned into paddle shifters, and embossed solid aluminum seatbelt buckles shine the Concorde again. The floor mats adopt a design by Sir Terence Conran, he being one of three designers commissioned to upgrade the Concorde's interior not long before the jet went out of service. The 5.2-liter V12 engine holds steady at 710 horsepower and 664 pound-feet of torque, plenty of thrust for booming travel on the ground. Aston Martin Bristol says it will donate part of the proceeds from each sale to the Air League Trust, a nonprofit that teaches underprivileged children how to fly and helps open doors for them into engineering professions.