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Q by Aston Martin makes a 430-hp V8-powered Cygnet

A V8-powered Aston Martin Cygnet with 430 horsepower and 361 pound-feet of torque could be the best definition of "Didn't see that coming" we've had all year. A customer requested the carmaker's customization arm, Q by Aston Martin — Commission, insert a 4.7-liter V8 from the last-gen Vantage S into the Cygnet's engine bay. The grafting job, dressed in Buckinghamshire Green, weighs 1,375 kilograms or 3,025 pounds with fluids, and posts a power-to-weight ratio of 284 hp-per-ton in U.S. parlance, 313 bhp/tonne in UK units. Aston Martin engineers shortened the intake system to keep the Cygnet's standard hood unmolested. The motor blows out the other end through a twin, centrally-mounted exhaust at the end of very short pipes. Other components carried over from the Vantage S include the front and rear subframes, suspension, most of the braking system, and seven-speed Sportshift II transmission. Torque steer isn't an issue, because the rears do the driving via a "miniature" torque tube that runs underneath a custom tunnel. Carbon wheel arches shield 19-inch wheels shod in 275/35 Bridgestone rubber, with six-piston monoblock calipers in front, four-piston monoblocks in back. In spite of Aston Martin calling this "The Ultimate City Car," additional modifications would indicate the owner has ultimate track plans for the V8 Cygnet. The Q department welded in a roll cage, occupants sit in fixed Recaro buckets with four-point harnesses, the driver grips a removable, Alcantara-covered steering wheel, there are leather pull straps on carbon door panels, a steel fuel tank fills the cargo area, and an FIA-compliant fire extinguisher system keeps things cool if the temperature gets too hot. Should the V8 Cygnet pretend to its city car origins, there's a Vantage instrument cluster, air conditioning, and two USB ports. Goodwood Festival of Speed visitors will get to see how she runs up the hill. The original Cygnet, based on the Scion iQ and out of production since 2013, got from 0-60 miles per hour in about 11 seconds. The V8 Cygnet does that in 4.2, and taps out at 170 mph — 60 mph past the standard Cygnet's top speed. Aston Martin says the original Cygnet "looks set to become a future classic." That could be optimistic. The V8 Cygnet, however, just might have the chops. Related Video: Featured Gallery Aston Martin V8 Cygnet View 12 Photos Aston Martin Hatchback Luxury Racing Vehicles Special and Limited Editions aston martin cygnet q by aston martin

Aston Martin posts deep quarterly loss as coronavirus pandemic dents sales

LONDON — Aston Martin posted a deep first-quarter loss after sales dropped by nearly a third due to the impact of the coronavirus crisis, though the luxury car maker said production of a crucial sport utility vehicle was on track. Aston Martin, popular for being James Bond's carmaker of choice, suffered a torrid time since it floated in October 2018, seeing its share price tumble from 19 pounds to around 40 pence. Dire conditions forced the company to bring in Canadian billionaire Lawrence Stroll to invest in the firm, while Aston said it will continue to review future funding and refinancing options to boost liquidity. The pandemic hit demand and forced factories around the world to suspend production. However, Aston resumed operations as its Welsh plant last week but not at its other site located in southern England as yet. "We were obviously fairly significantly hit by COVID-19, starting with China in January but more clearly in what we saw as it came across towards Europe and the United States," Chief Executive Andy Palmer told Reuters. The company posted a pre-tax loss of 119 million pounds ($145 million), compared with a loss of 17 million pounds ($21 million) last year, and said it could no longer provide an annual outlook. Its full-year loss in 2019 came in at 104 million pounds. Shares were down 5% at 36 pence, as of 07:35 GMT on Wednesday. The carmaker said production of its DBX SUV, which is key to boost volumes and appeal to new buyers including more women, was on track and had a strong order book. The luxury brand, which has seen core retail sales slump by an annual 31%, has furloughed staff, introduced additional safety measures and cut the pay of its senior management as part of measures to handle the crisis caused by the pandemic. Stroll, who hopes to pursue a turnaround partly by sharing Formula One technology with the firm's range of road cars, leads a consortium that took a 25% stake in the company earlier this year as part of a capital raise worth 536 million pounds. "Given the ongoing uncertainties, as is prudent, the company continues to review all future funding and refinancing options to increase liquidity," the company said on Wednesday.   (Reporting by Costas Pitas; Editing by James Davey and Sherry Jacob-Phillips)

Aston Martin reportedly cancels electric RapidE amid money troubles

Aston Martin's first production-bound electric car won't be based on the Rapide after all, according to a recent report. The British firm allegedly canceled the RapidE project after several costly delays. British magazine Autocar learned from a source close to Aston Martin that it has consigned the sedan to the automotive attic to focus on ramping up production of the DBX, its first SUV. It's a hugely important model that will make or break the company's 2020 balance sheet. Other seemingly random projects like the ACH130 helicopter co-developed with Airbus are much less distracting because there's little substance to them; it's essentially just a nice interior and an eye-catching paint job. The RapidE, however, was a new car under a familiar body. Presented as "a truly historic step" that would pelt Aston into the world of electrification, it snubbed the Rapide's 6.0-liter V12 and instead offered drivers an electric powertrain with 610 horsepower and a 65-kilowatt-hour lithium-ion battery pack. The firm quoted a 200-mile driving range, which is on par with the Porsche Taycan's EPA rating, and a 4-second sprint to 60 mph, which is about as quick as a gasoline-burning Rapide. Development work began in 2015 with the help of LeEco, a Chinese tech giant-turned-electric car manufacturer founded by Jia Yueting, the man behind Faraday Future. Aston Martin chose to finish funding the project on its own after money trouble forced LeEco out. Williams Advanced Engineering provided its expertise, but Aston Martin had to foot the bill on its own, so the RapidE went from a low-volume model to a limited-edition sedan. Aston Martin planned to make 155 examples of the RapidE in a new facility located in St. Athan, Wales. Each one carried a price tag reading "on application," which is automaker-speak for "really expensive," and one was spoken for by James Bond. We reached out to the company to verify Autocar's report, but were told they couldn't comment on future product speculation. There's no word yet on what this means for the other electric cars Aston has in the pipeline, including two luxury sedans previewed by concepts and intended to revive the dormant Lagonda name in the early 2020s. Featured Gallery Aston Martin Rapide E:Auto Shanghai 2019 View 11 Photos Green Aston Martin Electric Sedan