2007 Aston Martin Vantage on 2040-cars

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Aston Martin to raise funds for new models including CUV, hybrid

Aston Martin CEO Andy Palmer named three leads for new vehicle programs when he took the reins, now the company is looking for the money to give those leads something to do. Reuters reports that the Gaydon firm is considering debt or equity financing to raise 100 to 150 million pounds ($156M to $234M US) in funding for "an expansion from the current model range," according to an unnamed source. On top of that investment round, Aston Martin is overhauling its working capital streams to unlock more funds. As one of the industry's few remaining independent carmakers, the company has an intense five years ahead of it, working to revamp its current vehicles with a 500-million-pound investment, entering new segments to grow sales to roughly 10,000 units annually from 4,200 cars in 2013, and pay down hundreds of millions of pounds in current debt. The big high notes observers will be looking for over the next few years are the successor to the DB9, pegged for 2016, profitability predicted in 2017, a huge debt note due in 2018, and the formal end of the recovery period in 2020. Our own eyes will be locked on the DB10 in Spectre, naturally, and the Lagonda-honoring Taraf in other markets, hopefully. At least one of the new vehicles is expected to be a crossover, a segment Aston seemingly cannot ignore now that Bentley and Rolls-Royce are committed to making plays there. However, Reuters says an official announcement of what we can expect won't come until the 2015 Geneva Motor Show. Among the other models said to be up for funding? Sedans (perhaps including a Rapide replacement?) and an unspecified hybrid.

Aston Martin Vanquish 25 by Callum begins Ian Callum's next act

In June, Ian Callum retired from his post as Jaguar's design boss. In July, the man with an elegant and luxurious public resume extending more than two decades started Ian Callum Design with a few former colleagues. Callum said the full-service design and engineering house would create and comprehensively upgrade vehicles, and that he'd "like to take some of the cars I've designed and maybe redo them a little bit." That initiative starts with the Aston Martin Vanquish 25, a thorough rework of the original Vanquish Callum built from 2001 to 2007, when Ford counted the English brand in its stable.  With the goal being to "make the Vanquish the Grand Tourer for the 2020s," the broad strokes remain — as it should be, seeing how much they still appeal. More than 100 overall detail changes begin with the redesigned front fascia, with a sharper-edged upper grille sitting above a larger lower intake. Projector headlamps give way to four high-intensity LEDs, and the lower fog lamps are replaced by carbon fiber vents to channel airflow to the front brakes. An "intimidating" mien starts with dark grille strakes supplanting the chrome bars of yore, the dark mood continuing with the one-piece carbon fiber window surround and carbon fiber hood vents and fender vent strakes. Gone are the scalloped sills, replaced by convex carbon fiber rockers that blend into the new curve of the lower rear fenders. In back, new taillights rest atop a new bumper that wraps around a large diffuser with integrated exhaust pipes. The cost-cutting Jaguar XK side mirrors — Ford owned Jaguar at the time, too — are gone, newly designed units with built-in turn signals taking their places.  When we drove a 2005 Vanquish in 2015, we wrote that while the greater part of the coupe held up to time, the interior did the opposite. Callum has fixed that, turning the original coupe's blocky, vertical center console into a sloping waterfall unit in carbon fiber. At the top of the center console, a removable Bremont pocket watch. Below that, no more Jaguar switchgear, but an eight-inch media display touchscreen with Apple CarPlay and Android Auto, carbon fiber buttons and aluminum dials. A thinner steering wheel and reshaped paddle shifters sit ahead of a dash cluster designed by watchmaker Bremont.  New front seats with deeper sculpting sit lower in the cabin, clothed in the same cross-stitched Bridge of Weir leather as the rest of the cockpit.

Aston Martin rules out going downmarket

When Aston Martin sat alongside Jaguar under the Ford umbrella, the two had to be careful not to step on each other's toes. That kept the top end of Jaguar's sports and GT lineup at bay, and in the years since they parted company, Jaguar has steadily moved up-market with new versions of the XK and now with the new F-Type. But does that mean Aston Martin will in turn start offering cheaper models? "No, not at this stage," Aston's US chief Julian Jenkins told AutoGuide.com. "If there is an opportunity that we can sit comfortably within we will go after it." But for the time being, the V8 Vantage will remain the brand's entry-level model, coming in just under the $100K mark in base Vantage GT trim. Enthusiasts will remember the Cygnet, a version of the Toyota/Scion iQ which Aston reskinned and sold to customers looking for a more compact, economical mode of transportation without skimping on luxury. But that model never made it to North America, and lasted only a few years before being discontinued in 2013. More recently, Aston branched into the four-door market, first with the Rapide and now with the Lagonda Taraf. The Lagonda Taraf is a four-door luxury sedan initially launched in the Persian Gulf, but under consideration for additional markets. The company has been on and off the fence regarding launching a crossover SUV like the Lagonda concept it showcased at the 2009 Geneva auto show to lukewarm reception. If Aston were to proceed with such plans, it would be up against the likes of the upcoming Jaguar F-Pace, Bentley Bentayga and Maserati Levante.