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Soundcheck: Aston Martin Valkyrie begins to scream

In July, Aston Martin published the first video of the Valkyrie on track at Britain's Silverstone Circuit during the Formula One Grand Prix weekend there. Test driver Chris Goodwin didn't push the 1,160-horsepower coupe to its limits, merely massaging the throttle for the camera a few times. The English carmaker headed back to Silverstone this month with a group of guests in tow, and this time the test driver put a little more muscle into the fly-bys. Since the track was wet, the soundtrack still can't be considered the ultimate experience, but even so, the 6.5-liter Cosworth V12 sounds exceptionally good. This new video injects a high-pitched wail that was missing in July, the kind of wicked, soaring keen that jellies one's organs and notifies the mind of blinding terrors on approach. In fact, the Valkyrie now makes all the noises Formula 1 fans wished the F1 race cars could make. That's no hyperbole, either. Compare the modern Cosworth to the 3.5-liter Honda V12 in the 1991 McLaren MP4/6, the resemblance is clear. Remove the street-legal equipment on the Aston Martin and let Goodwin uncork it, as we expect to happen in next year's World Endurance Championship, and it's clear the WEC might have the best sounding racers in all of motorsport. Deliveries are scheduled to begin before the end of the year, so Aston Martin should be wrapping up its validation testing on Verification Prototype 1 if it hasn't already. After that come competition entries into the FIA World Endurance Championship (WEC). And after that, someone will need to convince at least one owner to drive the Valkyrie on the street so that we can all enjoy the noise.

Weekly Recap: Marchionne's Manifesto again calls for industry consolidation

Sergio Marchionne isn't taking no for an answer. Despite public rebuffs from General Motors and Ford, the leader of Fiat Chrysler Automobiles continues to push for consolidation within the auto industry. His latest assertion came Wednesday when he said a combination of FCA with another automaker could net savings of $5 billion or more annually. No, this isn't about selling his company, he claimed, it's about cutting costs. Put simply, the auto industry wastes money, Marchionne said during FCA's earnings conference call. Companies invest billions to develop basic components that all cars use, but many consumers don't care how they work or recognize the differences. "About half of this is really relevant in terms of positioning the car in the marketplace," he said. "The other half, in our view, is stuff which is neither visible to the consumer nor is it relevant to the consumer." In 2014, top automakers spent more than $100 million on product development, FCA estimated. Marchionne said consolidation could save up to $1 billion on powertrains alone, noting that almost every automaker offers four- and six-cylinder engines. Not everyone has to make their own, he contended. "The consumer could not give a flying leap whose engines we are using because they are irrelevant to the buying decision." That's pretty provocative for enthusiasts, but less so for average consumers. Still, there are major differences in power and efficiency ratings, even among similar engines. Skeptics could argue consolidation would also weaken competition and reduce choices for car buyers. Marchionne stressed his presentation, curiously entitled Confessions of a Capital Junkie, wouldn't require closing factories or dealerships. It's not his final "big deal" as CEO, intent to sell FCA, or a way to elevate his company up the automotive food chain. He claims he wants to fundamentally change the industry and its habit for burning cash. "The horrible part about this, and the thing that I find most offensive, is that the capital consumption rate is duplicative," he said. "It doesn't deliver real value to the consumer and it is in its purest form, economic waste." Other News & Notes Ford Profits dip in first quarter Ford profits fell $65 million to $924 million in the first quarter, hampered by slight dips in revenue and sales.

Aston Martin will call the AM-RB 003 the Valhalla

Aston Martin has announced the proper name of its upcoming "AM-RB 003" hypercar: It will be called the Valhalla. The name continues the tradition of Aston Martin model names beginning with the letter V, and it ties neatly into Norse mythology. As Aston Martin CEO Andy Palmer said: "In following the Valkyrie, we knew the Aston Martin Valhalla needed to make a strong statement of its own, yet also offer continuity and a clear connection. Norse mythology contains such powerful language and rich storytelling, it felt only right that the AM-RB 003 should follow the Valkyrie's theme." Witness, then, the available specs of the Valkyrie's upcoming relative. There will be a 500-car production run, and the Valhalla will feature a turbocharged V6 with a hybrid system. The car is all carbon fiber, and it will have an advanced, Vulcan-style sealed oil system that enables quick changes and reuse of the engine oil. The variable airfoil on the rear wing benefits from NASA-level FlexFoil technology, with the ability to adjust the car's downforce without changing the airfoil's angle. No power figures or more specific information has yet been announced. Valhalla production is slated to begin in late 2021. Regarding the Valkyrie, Aston Martin has announced it will race at the 24 Hours of Le Mans in 2021. The year coincides with the 100th anniversary of Aston Martin first racing at the Circuit de la Sarthe.