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Aston Martin opens new factory to build key first SUV

ST ATHAN, Wales — Aston Martin opened a new factory in Wales on Friday to build the British automaker's first sport utility vehicle, key to its hopes of a turnaround after a poor performance this year sent shares tumbling. Aston launched its DBX model last month, hoping that more female buyers will help boost sales after a year in which it has so far posted a pre-tax loss due to weaker-than-expected demand for its sports cars, particularly in Europe. "The opening ... is a hugely important milestone in the companyÂ’s growth plan and integral to our ambitions as a global luxury brand with a presence in all major sectors of the market," said Chief Executive Andy Palmer. The St Athan site near Cardiff in south Wales is the 106-year-old firm's second car plant after its existing site in Gaydon, central England. Aston has seen its share price fall by around 75% since a stock market flotation in October 2018 as the global automotive industry faces the challenge of falling demand in several important markets and the need to spend more electrification. On Thursday, Autocar magazine reported that Canadian billionaire Lawrence Stroll, owner of Formula One team Racing Point, is preparing a bid for a major stake in Aston Martin, prompting its shares to rally. Aston declined to comment on the report.   Featured Gallery 2021 Aston Martin DBX: L.A. 2019 View 40 Photos Plants/Manufacturing Aston Martin SUV

Aston Martin has a second mid-engined car coming

Aston Martin is expanding its exotic car horizons beyond GT cars into the realm of mid-engined sports cars. We're not talking about the upcoming Valkyrie hypercar, though. Instead, we're talking about a more mainstream mid-engined supercar designed to take on the Ferrari 488, Lamborghini Huracan, and McLaren 720S. Andy Palmer, CEO of Aston Martin, stated this specifically when discussing future product plans with Auto Express. According to Auto Express, Palmer said the car will be a competitor the 488, and will launch in 2020 as part of a plan to release a new model every year from now until 2023. Before the mid-engined car will be the rest of Aston's new GT line and the DBX crossover, and following the Ferrari fighter will be a pair of Lagonda models and the DB12. The 2020 launch date is a full year sooner than we were expecting for a sub-Valkyrie mid-engined car. Palmer cites a few reasons for going mid-engined. He explained that it's the segment standard, and that it's ideal for weight distribution. He also noted that going mid-engined will help bridge the gap between the top-tier Vanquish GT car and the Valkyrie. That's a gap with loads of room for another model, too, since the Vanquish will likely be comparable to the Ferrari F12berlinetta, which costs a bit over $300,000. The Valkyrie, on the other hand, will go for $3 million and have performance comparable to the LaFerrari and the Koenigsegg One:1. Related Video:

2020 Aston Martin DBX Prototype Drive | Sliding into your mentions

OMAN, Persian Gulf — The last time I got an Aston Martin this filthy was 5 years ago in dusty Anza-Borrego, California, where I ripped several illicit burnouts in a low-slung V12 Vantage S. This time around is dramatically different: Chief Engineer Matt Becker, seated alongside me, is actually egging me on to powerslide an Aston Martin DBX across an off-road trail in Oman — the first time IÂ’ve ever been encouraged by Aston brass to hoon one of their vehicles, let alone a priceless prototype, in the dirt. You wouldnÂ’t expect Becker, who spent 26 years at Lotus, to be an SUV guy. But the hardcore chassis and handling guru says the DBX project gave him a new respect for the genre because sport utes need to do far more than just go around a track quickly: TheyÂ’re required to tow, support weight on their roofs, and manage all manner of terrain, all while creating a comfortable living space for their passengers. “Once you push them and understand what they can do off-road, on-road, on-track,” he tells me while IÂ’m tackling a rock-strewn trail at highway speeds, “you really start to respect what theyÂ’re capable of.” Building the DBX will also show us what Aston Martin is capable of — capable of surviving, that is. The new decade is shaping up to be the most challenging yet for the storied carmaker, so bringing a viable sport utility vehicle to market is essential. And though weathering severe business headwinds seems to be an ongoing pastime for Aston Martin, the brandÂ’s first-ever crossover gets a rather ambitious hardware package. The DBXÂ’s bonded aluminum chassis is entirely unique to the model, as is the brandÂ’s first-ever air suspension system. While thereÂ’s no V12 available in the DBX — that honor remains reserved for Rolls-Royce's almighty $325,000 Cullinan — the AMG-sourced, 4.0-liter twin turbo V8, while similar to the mill found in the DB11 and Vantage, has also been coaxed to produce more power: 542 horsepower and 516 pound-feet of torque, capable of launching it to 60 miles per hour in 4.3 seconds and a top speed of 181 mph. But building AstonÂ’s first-ever SUV from the ground up enabled unique packaging opportunities in addition to the specific hardware. For instance, market research revealed female drivers were often frustrated because most cars donÂ’t have a place to stash their purse.