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Aston Martin confirms DB11 name for sports car coming in 2016

A new Aston Martin is on the way in 2016, but for right now we only officially know its name. The British sports car maker is finally confirming that it's next model goes by the moniker DB11. That seriously suggests the upcoming vehicle to be a replacement for the DB9. While Aston Martin isn't divulging any technical details, the DB11 is meant to be the first big step in the brand's "Second Century Plan" that aims to overhaul its product lineup. "Not only is it a sign of our intention to continue the long line of iconic sports cars that bear the 'DB' moniker – the very bloodline of our brand – but it also shows the world our ambitious plan in action," company CEO Andy Palmer said in a statement. A vehicle believed to the DB11 has been spotted testing several times this year, but it has largely remained a mystery thanks to heavy camouflage. Spy shots showed the interior with pieces from Mercedes-Benz, and some rumors have also suggested that it might be offered both with a V12 and Mercedes' 4.0-liter twin-turbo V8. The styling might take some of the swoopy look from James Bond's DB10 from the upcoming film Spectre, but we'll just have to wait and see. Related Video: ASTON MARTIN ANNOUNCES DB11 NAMEPLATE 15 September 2015, Gaydon, England: Aston Martin is today confirming DB11 as the name of its forthcoming sports car. The new model – to be unveiled during 2016 – will sit at the heart of the luxury British brand's range and represents the first major product of the company's bold Second Century Plan. While all technical and design details will be announced in due course, the confirmation of the name – which follows in the footsteps of other iconic Aston Martin sports cars such as the DB5 and DB9 – signals the start of an exciting period of dynamic product development by the company. Announcing the DB11, Aston Martin CEO Dr Andy Palmer said: "Today I am proud and pleased to confirm that the DB11 nameplate will sit on our next new car. "Not only is it a sign of our intention to continue the long line of iconic sports cars that bear the 'DB' moniker – the very bloodline of our brand – but it also shows the world our ambitious plan in action. "The coming years will see Aston Martin transform not only its entire range of models but also its scale and global presence, and the new DB11 will be central to that success." - ENDS -

Major Aston Martin shareholder cuts stake in British carmaker

A top Aston Martin shareholder cut its stake in the British carmaker by nearly 5%, a regulatory filing showed on Monday. Italian private-equity firm Investindustrial Advisors Ltd disclosed a stake of 14.99% in Aston Martin as of May 29, compared with its previous stake of 19.92%. It was not immediately clear why the fund cut its stake.  Investindustrial is the company's second-biggest shareholder after Canadian billionaire Lawrence Stroll, according to Refinitiv Eikon data. The 107-year old luxury carmaker in May posted a deep first-quarter loss after sales dropped by almost a third due to the impact of the novel coronavirus outbreak. Aston Martin and the PE firm did not immediately respond to requests for comment. (Reporting by Pushkala Aripaka in Bengaluru; Editing by Anil D'Silva) Related Video:

Aston Martin developing TT hybrid V6 to replace AMG-sourced V8

We knew that Aston Martin is working on a twin-turbo 3.0-liter V6 hybrid that will fit into the forthcoming mid-engined Valhalla (pictured) and Vanquish sports cars. Car and Driver spoke to Aston Martin boss Andy Palmer, who explained that the engine will effectively replace the Mercedes-AMG-sourced 4.0-liter V8. Palmer explained the rationale by saying, ""Mercedes have made no secret of where their engine technology is moving to, and obviously we don't foresee four-cylinder engines in our Astons, so we’ve got to make our own journey." Autocar reported recently that the next AMG C 63 will be powered by a plug-in hybrid four-cylinder. Aston Martin's V6-for-V8 substitution means the Vantage, DB11, and DBX will eventually get V6 power, too, although it's not clear when that will happen. Production of the Valhalla, the model that first brought news of the coming V6, is slated to begin in late 2021. Palmer all but said the six-cylinder will be more powerful than the eight-cylinder it replaces because "there's no way our customers are going to expect to step backward" as far as output's concerned. Regarding the Valhalla, last year when C/D "suggested to an Aston spokesman that the car would need to produce at least as much as the 789-hp McLaren Senna to be regarded as a worthy opponent, he agreed that was a fair assessment." At the other end, the V8-powered Vantage makes 496 horsepower, leaving plenty of room for graduated tunes among the sports cars. Engineers will need to focus on getting the sound right, Palmer adding, "As long as it feels like a V-8 and sounds majestic, I think it's a perfectly sensible way to go, and a lot more sensible than an [inline] four would be for us." Electric help will take a less revolutionary form than we're seeing in a number of modern super sports cars. The V6 won't go plug-in, Palmer wary of the necessary weight gain; Lamborghini's spoken at length about its trouble finding suitable concepts for the next-gen hybrid powertrains for the Huracan and Aventador that provide an acceptable weight/performance balance. Aston Martin's plan is apparently to stick with the Valkyrie template, putting an electric motor between the engine and a traditional transmission, instead of using a transmission with an integrated e-motor as seen on coupes like the Acura NSX and Ferrari SF90 Stradale. Aston Martin intends to go against the current in another way, too, at least for now.