2023 Aston Martin Vantage F1 Edition on 2040-cars

Auto blog

Aston Martin stock price shaken and stirred by latest weak outlook

Aston Martin warned its 2019 profits would almost be cut in half due to weak European markets, sending its shares sharply lower as rivals Bentley and Rolls-Royce powered ahead. Tuesday's downgrade is the latest from the British luxury carmaker, whose shares have now plunged about three quarters in value since their 2018 listing. The 107-year-old firm, famed for being fictional agent James Bond's brand of choice, cut its forecast for wholesale volumes and profit margins in July, and reduced its volume forecast again in November. It has blamed weak UK and European markets and subdued demand for its Vantage model and said on Tuesday those conditions continued through December, leading to a 7% drop in wholesale volumes for 2019. "From a trading perspective, 2019 has been a very disappointing year," Chief Executive Officer Andy Palmer said, as the company's shares plunged as much as 16%. While Aston spent 2019 ploughing money into a new factory to build its first SUV, the highly lucrative market a number of carmakers have entered, rivals such as BMW-owned Rolls-Royce and Volkswagen-owned Bentley appear one step ahead. Bentley on Tuesday said its Bentayga SUV boosted the brand's performance in 2019 as it returned to profitability, while Rolls-Royce's Cullinan helped drive a 25% increase in sales to an all-time high of 5,152 vehicles. "Cullinan has proven to be an outstanding hot seller for the brand," Chief Executive Torsten Mueller-Oetvoes told Reuters. "We are sitting now on an order bank reaching even far into 2020." Aston hopes its first SUV, the DBX, will emulate this success and revive its fortunes next year. About 1,800 orders have been booked since its launch in November, the company said. "The order rate is materially better than any other car that we have ever launched before," Palmer told Reuters. For 2019, Aston expects adjusted earnings before interest, tax, depreciation and amortization (EBITDA) of 130-140 million pounds ($171 million to $184 million). The company reported 247.3 million pounds in core profit a year earlier, while analysts' average forecast was 196 million pounds for 2019, according to a company-compiled consensus. Aston said it was also in talks with investors for a potential equity investment and would draw down $100 million in bond notes. Its shares, which have lost nearly 3 billion pounds in market value since their listing, were down 11.1% to 464.8 pence at 1136 GMT.  

Driving the BMW M2 Competition, Honda Odyssey and Toyota RAV4 Prime | Autoblog Podcast #651

In this week's Autoblog Podcast, Editor-in-Chief Greg Migliore is joined by West Coast Editor James Riswick. This week, they talk about driving the BMW M2 Competition, Honda Odyssey and Toyota RAV4 Prime. Then they discuss James' experience testing the new Yakima CBX cargo carrier, Autoblog readers' preference for the GMC Hummer EV over the Tesla Cybertruck, and Mercedes-Benz taking a larger stake in Aston Martin. Lastly, they help James' father find a new car in the Spend My Money segment. Autoblog Podcast #651 Get The Podcast iTunes – Subscribe to the Autoblog Podcast in iTunes RSS – Add the Autoblog Podcast feed to your RSS aggregator MP3 – Download the MP3 directly Rundown Cars we're driving 2020 BMW M2 Competition 2021 Honda Odyssey 2021 Toyota RAV4 Prime Testing the Yakima CBX Cargo Carrier on the Subaru Outback 75% of Autoblog Twitter follower prefer the GMC Hummer EV over the Tesla Cybertruck Mercedes-Benz to boost stake in Aston Martin to 20%, lend it some tech Spend JamesÂ’ fatherÂ’s money Feedback Email – Podcast@Autoblog.com Review the show on iTunes Related Video:

Aston Martin previews a bespoilered Vantage; could it be a new AMR?

Aston Martin has teased a new sports car from its official Twitter account. The image shows the car's silhouette with a big green and lime swoosh above it. The car appears to be a Vantage variant, with the addition of a rear spoiler and Y-spoke wheels. It's also finished in the same Aston Martin Racing Green as its 2021 Formula One race car livery. The spoiler and colors evoke the new Vantage safety car that made its debut over the weekend at the pre-season test in Bahrain. That car features an AMRG paint job with a Lime Essence pinstripe along the front air splitter, side skirts, and rear diffuser. It's also equipped with a rear wing not found on standard Vantages. Like the car in the shadowy teaser, it also wore the optional vaned grille as opposed to the standard mesh. Could Aston Martin be taking a page from the General Motors playbook and making a pace car edition Vantage? That would be uncharacteristic of the British marque, so perhaps a new Vantage AMR is more likely. The previous AMR was limited to 200 units and, despite having the same power as regular Vantages, made waves for letting you row your own gears with a seven-speed manual. Since then the stick shift has been made standard for the Vantage, but the AMR boasted many other features that set it apart — carbon ceramic brakes, carbon fiber trim, forged wheels, a mechanical limited-slip differential, and 200 fewer pounds of curb weight. On the other hand, the F1 pace car's menu of modifications seems like it could easily form the basis for a new AMR. The Vantage safety car increased output of its 4.0-liter twin-turbo V8 by 25 horsepower to 528. The peak torque of 505 lb-ft was unchanged, but Aston Martin claims it could be sustained for longer. Additionally, the transmission was strengthened, the chassis stiffened with underbody bracing, and modifications were made to suspension, steering and dampers. It's not clear whether the pace car's bespoke splitter is on the teaser car. Aston Martin gave no information to accompany the teaser, so we'll just have to wait until March 22, when the car is scheduled for a full reveal. Aston Martin VantageDBXOfficial Safety and Medical cars of Formula One03 View 28 Photos