Black Black Convertible on 2040-cars

Auto blog

Aston Martin Valhalla project rebooted with Mercedes-Benz technology

Aston Martin will leverage its access to the Mercedes-Benz parts shelf to revise the Valhalla it plans to release in the coming years. Specifications haven't been finalized yet, but the supercar will most likely arrive with a German heart. Announced in early 2019 as the Project 003, and named Valhalla later that year, the Ferrari-punching model was on track to make its debut with a 3.0-liter turbocharged V6 mounted behind its passenger compartment. Aston Martin proudly pointed out that the six was the first engine it developed in-house since the Tadek Marek-designed 5.3-liter V8 entered production in 1969. These plans changed after Daimler purchased a 20% stake in the firm, however. Aston Martin boss Tobias Moers (whose last position was at the head of Mercedes-AMG) told investors that his team is "re-assessing" the Valhalla, and that it will "probably have a different drivetrain" than the concept. He didn't reveal what the model will be powered by, and he stressed that nothing is off the table. Mercedes-Benz has a wide range of four-, six-, eight-, and 12-cylinder engines in its parts bin, plus hybrid technology and electric motors. Electrification remains in the pipeline regardless of the path the company chooses to take. "With the transformational technology agreement with Mercedes-Benz, there are other chances for us regarding combustion engines, but we still have an electrified drivetrain," he said without providing more specific details. It sounds like Aston will make visual tweaks to the Valhalla, too, because Moers revealed that buyers will be shown an updated version of the car in the next four months. It's unclear whether it will be presented to the public, too. Regardless, the car's introduction is tentatively scheduled for late 2023, so it will likely arrive here as a 2024 model. Moers confirmed that a plug-in hybrid model with what he described as "a reasonable electric range" will join the Aston Martin range in the coming years, too. He added that three new variants of the DBX, the firm's first SUV, are on their way as well. One is a plug-in hybrid. Details about the others aren't known, but another could be a sportier version positioned at the top of the range. Finally, the first electric Aston Martin will arrive in about 2025.

$1.3B worth of classic cars were auctioned in 2014

The collector auto market in the US just continues to expand with the values of vehicles seemingly only growing in the past years, especially if they have a prancing horse on the hood. This year was no different. According to data compiled by classic car insurance agency Hagerty, there were about $1.3 billion worth of vintage rides auctioned in North America in 2014, up just slightly from $1.2 billion crossing the block in 2013. If you want an idea of just how big a role the Monterey Car Week plays in the North American collector hobby, Hagerty's stats illustrate it perfectly. The company recorded $430 million in auction sales during the week – about a third of the entire market for the year. The event also hosted the biggest seller of 2014 when the hammer fell on a 1962 Ferrari 250 GTO (pictured above) for $38.115 million at Bonhams. In fact, vintage Ferraris in general were among the top buys in the classic auto world in 2014. Eight of the ten most expensive vehicles sold at auction were Prancing Horses (the other two were Ford GT40s). Also, the insurance company's price index for these Italian stallions showed a 43-percent gain in value for the year. The market for another Italian supercar is exploding, as well. The Lamborghini Countach showed a staggering 175-percent growth in auction value in 2014. According to Hagerty, the average price when they crossed the block was $736,599. Judging by Hagerty's numbers, there were still some places to look for those hoping to spend a bit less money. The Aston Martin Lagonda showed a strong gain in value with a 32-percent increase in auction price, but they still averaged $47,078. In addition, the company's index for '50s American cars showed only one-percent growth for these classics. These huge leaps in collector car value might be winding down, according to Hagerty. It predicts growth in the market to slow to an estimated five percent gain in 2015. Maybe a few of these classics might actually become a bit more affordable to fans without such deep pockets sometime in the future. Featured Gallery Bonhams Maranello Rosso Collection: Monterey 2014 View 21 Photos News Source: HagertyImage Credit: Copyright 2014 Drew Phillips / AOL Aston Martin Ferrari Lamborghini Auctions Car Buying Performance Classics aston martin lagonda ferrari 250 gto Lamborghini Countach collector cars 1962 ferrari 250 gto auto auction

Aston Martin says Alabama is 'obvious choice' for US plant

Aston Martin is gearing up to be the next foreign automaker to build an assembly plant in the United States – and it looks like it'll be in Alabama. Speaking with Automotive News Europe, company CEO Andy Palmer said that he and his team will make a decision on the prospect of building its second factory, and that the Yellowhammer State was the "obvious choice" for its location. The possibility first came up on our radar last month, after Aston reportedly held discussions with representatives of state governments in the South. The plant would be earmarked to handle production of the DBX. Slated to be the company's first crossover, it was previewed in concept form at the Geneva show in March. "Our principal customers will be in the United States and China," Palmer said to ANE. However, the US would apparently be preferable to building a plant in China, from which it would be more difficult to export vehicles to other markets and where Aston would need to form a joint venture with a local manufacturer. The prospect of building its plant in the same state where Mercedes builds its SUVs would offer certain advantages as well: Aston has inked a deal with the German automaker to supply some systems and components. The British automaker has also long-been rumored to be considering building a crossover based on the same platform as the GL-Class (soon to be redubbed GLS), although that may or may not take the form of the DBX. Aston Martin is working toward ramping up production from the 4,000 units it sold last year to as many as 15,000. "If we went to three shifts" at the current plant in Gaydon, said Palmer, "we would be at 15,000 a year, so theoretically we could do it but you'd have no room for stoppage for maintenance. Related Video: