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Mercedes increases stake in Aston Martin

As part of an increasingly close partnership, Mercedes-Benz parent company Daimler is reportedly preparing to increase its stake in Aston Martin by another one percent, bringing the German automaker's shares in the British company up to five percent.
The rapprochement between the two has been in the works for years now, and is finally beginning to take form. Mercedes-AMG is in the midst of developing a new engine with and for Aston Martin in an apparently similar arrangement to that which it has with Pagani. But that's not the extent of it.
Daimler will also furnish Aston Martin with electrical systems and other components, said to lead up to the eventual sharing of platforms: one to underpin future GTs and another to serve as the basis for a long-mooted Aston Martin crossover, now said to be back on the table and slated to launch in 2017. The prospect of using the partnership to reinvigorate both the Lagonda and Maybach luxury brands, however, has since been taken off the table, with both parties continuing those projects independently.

Weekly Recap: Geneva's splendor reflects growing demand for ultra-luxury cars

Geneva is one of the most glittering auto shows in the world, but the list of high-powered and bespoke luxury cars was decadent this year even by the rich standards of the Swiss exhibition. It's great for enthusiasts to revel in the flame-throwing Aston Martin Vulcan, the racing-inspired elegance of the Bentley EXP 10 Speed 6 concept and the insane performance of the Lamborghini Aventador LP 750-4 Superveloce, but there's a reason for all of this opulence: the luxury market is big business. And it's growing. IHS Automotive forecasts that so-called ultra-premium sales will nearly triple this decade from 123,000 to 353,000 units around the world. The estimate includes brands like Aston Martin, Bentley, Ferrari and Rolls-Royce, but doesn't count BMW, Mercedes and Audi, which offer less expensive models in addition to their high-end flagships. Though IHS includes Porsche and its relatively large volume in the study, the ultra-premium segment is still set grow at about the same rate, even without the German automaker's figures. So what is propelling all of this growth in the most expensive segment of the auto industry? Put simply, there's more rich people. IHS Automotive principal analyst Tim Urquhart pointed to economic expansion in China, market recovery in the United States and a surge in the lucrative technology sector as contributing factors. This dovetails with a research report by UK-based Oxfam, an international relief organization, which found the world's richest one-percent owned 48 percent of global wealth in 2014, and it's expected to increase to more than 50 percent by 2016. View 17 Photos Carmakers are moving quickly to capitalize with new products, expanding their portfolios with low-volume speedsters like the 800-hp V12 Vulcan at Geneva, and plans to enter new segments, like Rolls-Royce's strategy to make an SUV. "Ultra-premium carmakers are looking to explore ways of growing their product offerings, and thus their bottom lines, in this most potentially profitable of segments," Urquhart wrote in a report on the Geneva show. In a nutshell, there are more choices for people with more money. It's a good time to have expensive taste. Other News & Notes 2016 Mazda MX-5 Miata production launches It won't be long now. The 2016 Mazda MX-5 Miata arrives later this year, and it's officially in production. Mazda announced this week that the roadster began rolling off the assembly line at its Ujina factory in Hiroshima, Japan.

Aston Martin teases the DBX again ahead of December debut

Aston Martin began the teaser campaign for the DBX two months ago with a 37-second video of the coming crossover on a romp over dirt roads, carousing and drifting through a magenta landscape. The next month brought a dynamic tease, the DBX running up the hill at Goodwood. Now another teaser is out, this one called The Grille, focused on that trademark Aston Martin component. The dreamy vid, laid out like an opening credit sequence for a Bond film, is captioned, "Aston Martin’s first SUV features the iconic DB grille." In case that's not enough to make the connection, the DB11 opens the 41-second clip before eventually transitioning into the DBX. The DBX is built on the same Second Century Architecture supporting the DB11, the SCA also planned to carry the Lagonda's future lineup of electric vehicles. Power will come from the same Mercedes-AMG-sourced 4.0-liter twin-turbocharged V8 found in the DB11 and the Vantage. If the horsepower rumors come true, we can expect 503 ponies from the charge, same as found in the 2020 Mercedes-AMG GLC 63 S Coupe, and something like 516 pound-feet of torque. The engine being hooked up to a Mercedes electrical architecture helps explain the surfeit of Mercedes-looking switchgear inside the DBX cabin, including what looks like a heavily MBUX-inspired infotainment system. Without stating a figure, Aston Martin makes note of DBX towing capability; the GLC 63 can manage 3,500 pounds, enough for the DBX to pull the required barrow of champagne to Royal Ascot 2020. The reveal is scheduled for December, deliveries to come in 2020 after units roll off the carmaker's new factory in St. Athan, Wales. Production numbers are penciled in for 5,000 units per year. The order book opened over the weekend at Pebble Beach; selling the planned annual production would nearly double the company's annual sales.