2020 Aston Martin Vantage on 2040-cars

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Aston Martin speeds ahead with October IPO worth perhaps $6.7 billion

LONDON — Luxury British carmaker Aston Martin is seeking a valuation of up to 5.07 billion pounds ($6.7 billion) from its stock market flotation and has taken steps to prepare for any eventuality over Brexit, it said on Thursday. The company, famed for making the sports car driven by fictional secret agent James Bond, said last month it was pursuing an initial public offering (IPO), the first British carmaker to do so for decades. The automaker will publish a prospectus later on Thursday and hopes to announce its final pricing on or around Oct. 3. It expects its shares to be admitted to the London Stock Exchange on or around Oct. 8. Carmakers have warned about the impact of any customs checks introduced as a result of a no deal or hard Brexit which could slow down production and add costs when Britain leaves the bloc in March 2019. The boss of Aston, which builds all its cars in Britain, said the company had boosted its stock of engines and components in case free and unfettered trade with the European Union ends in a few months' time. "We're up to five days of engine stock for example and we've got a very large warehouse in Wellesbourne (in central England) where we have at least five days of car stock," Chief Executive Andy Palmer told Reuters, an increase from the previous three days' worth of components held by the firm. "If there are tariffs ... for every car we lose because of a 10 percent tariff into Europe, we presumably pick up from Ferrari and Lamborghini in the other direction because obviously their cars become more expensive in the UK," he said. London and Brussels hope to conclude a Brexit agreement by the end of the year, but fellow carmakers such as BMW and Jaguar Land Rover (JLR) are worried that failure to agree could lead to snarl-ups at motorways and ports, disrupting production. JLR boss Ralf Speth warned last week that the wrong Brexit deal could cost tens of thousands of car jobs and risk production at the firm, Britain's biggest carmaker. Aston, which has set a price range of 17.50 pounds to 22.50 pounds per share for the 25 percent of stock it is floating, is targeting a market capitalization of between 4.02 and 5.07 billion pounds. The carmaker, which has long said it could pursue a listing, has undergone a turnaround plan since Palmer took over in 2014 as it boosts its volumes and expands into new segments with a new factory due to open in 2019.

2020 Aston Martin DBS GT Zagato revealed with 'fluttering' grille, no rear window

The 2020 Aston Martin DBS GT Zagato has finally been revealed in new renderings of the production vehicle from the British sports car builder. This is the car that's only being sold in pairs with the continuation DB4 GT Zagato, and only 19 pairs of the two models will be built. It also looks a whole lot like its predecessor, the Vanquish Zagato. It has the rocket booster taillights, exaggerated rear fenders, double-bubble roof and enormous front grille, but there are differences, some of which are particularly unique. Take the front grille, for example: Besides lacking the dual round fog lights of the Vanquish example, the DBS grille is active. According to Aston Martin, the grille is made up of 108 individual pieces of carbon fiber, and when the car is shut off, they all move to make the grille solid and flush with the body. Then when the car fires up, they all move to allow air through. The company describes it as the car appearing to "flutter" to life. Then there's the roof, which is one piece of carbon fiber that stretches from the windshield to the edge of the trunk lid. It's a gorgeous piece that adds a two-tone look and highlights the double-bubble design. It also lacks any molded-in louvers to allow rear visibility. To get around that, Aston Martin has added a rear-view camera that displays images in a screen where the mirror would go, just like GM's mirror screen. Those are the most unique design tweaks, but there are more subtle ones, too. The whole car looks lower and longer than the Vanquish, in part thanks to the DBS' leaner body. The side vents are longer. The rear taillights are smaller and incorporated into a black finish panel. There also aren't deep side skirts. Instead, the rocker panels are rounded and tucked in like on a '60s sports car. Final specifications for the DBS GT Zagato are still unclear, but the company has said that the car will be based on the DBS Superleggera. That means it will have a twin-turbo 5.2-liter V12 making at least 715 horsepower and 664 pound-feet of torque. That's significantly more than the Vanquish Zagato's 576 horsepower. Production begins in 2020, and pricing for this and its DB4 continuation partner is $7.9 million.

2017 Aston Marin Lagonda could live on Mercedes M-Class platform

A few weeks ago, we brought you news from the launch of the Aston Martin Vanquish Volante that the British brand, which is formally known as Aston Martin Lagonda, was still planning on going ahead with a Lagonda-badged crossover. Now comes word that that vehicle could very well be based on a Mercedes-Benz M-Class.
When the first Lagonda Concept debuted at the 2009 Geneva Motor Show, it sat on a Mercedes-Benz GL-Class platform, some four years before Aston Martin and Mercedes-AMG deal was inked. And with that partnership, which will see Aston Martin gain access to AMG electrics and "bespoke, V8 powertrains," the opportunities for platform sharing are many.
Dr. Ulrich Bez, the boss of Aston Martin, told the UK's AutoCar, "I look at what Porsche is doing with the 911 as its core business and then it is able to do models like the Cayenne based on the Volkswagen Touareg. It is good business." We've said many times that we'll tolerate exotic CUVs and SUVs if it means keeping the beloved core models alive, which has been the case with Porsche. We see no reason Aston Martin wouldn't be able to do the same.