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Cash influx could help Aston Martin double sales

Aston Martin is on the verge of a major product overhaul – complete with new architecture and powertrains. And good thing, considering that the Vantage and DB9 are each about a decade old. But to make it all happen, the British automaker is going to need a massive capital influx. Fortunately, that's just what it got when Investindustrial came on board. The Italian private equity fund, which previously owned a large chunk of Ducati and is now building a Ferrari theme park in Spain, bought a 37.5 percent stake in Aston Martin back in 2012. The acquisition reportedly cost Investindustrial the better part of a quarter billion dollars, but that's not the end of the firm's investment in Aston. According to Bloomberg, Investindustrial is now pouring even more into the Gaydon-based marque to help fund its product blitz. The output of that investment is expected to be announced at the upcoming Geneva Motor Show. That's where Aston's new chief executive Andy Palmer (whom Investindustrial reportedly helped poach from Nissan) is tipped to announce the company's new product plan that is earmarked to help double the company's sales from around 4,000 units last year to as many as 8,000 once those new products reach the market. The plan will assuredly include replacements for Aston's trademark luxury GTs, but could also encompass a new crossover utility vehicle to give it a greater foothold in growing markets like China while taking on similar new products from key rivals like Bentley and Maserati. While those two competitors are owned by larger auto groups – Volkswagen and Fiat Chrysler, respectively – Aston is independent. It's brokered a deal with Mercedes (thanks once again in no small part to Investindustrial) to help with components it can't effectively develop in-house, but the cash injection will be critical to the brand's revival plans.

Disgraced Chinese supplier claims it has been wronged by Aston Martin

In what could be called a case of carma, the Chinese plastic supplier that forced Aston Martin to recall about 75 percent of its production since 2007 now says that it has lost about most of its customers and is facing financial ruin. Shenzhen Kexiang Mould Tool Co. produced the accelerator pedal arms for most Aston Martin models out of a counterfeit plastic and may have to close its factory due to the scandal. Shenzhen Kexiang claims no wrongdoing in the affair, saying the whole matter was caused by Aston Martin not fully understanding its supply chain. Its general manager Zhang Zhi Ang told Automotive News: "This whole situation is caused by Aston Martin." According to the automaker, its supplier, Fast Forward Tooling (HK) of Hong Kong, hired the molder as a sub-contractor to supply the part. Initially, Shenzhen Kexiang claimed to have never been contracted by the Hong Kong company, but later admitted that it wasn't sure if it made the parts because it worked for so many contractors, according to Automotive News. Aston Martin found that the accelerator arms were produced from a counterfeit form of the DuPont plastic that it had requested for its sports cars. Initially the recall covered 689 2012-2013 vehicles but further research indicated that it went back as far as November 2007 for some models. Aston Martin says it will replace the throttle assemblies on the affected vehicles and that there have been no reported accidents or injuries caused by the counterfeit plastic.

Aston Martin teases extreme Vantage GT3 for Geneva

Aston Martin's Vantage range has been on the market for ten long years, dating back to the Ford era and making it just a bit younger than the DB9, but still ripe for replacement. And that's just what Aston Martin has in store, with a new platform under development and a new engine deal with Mercedes-AMG. But before a replacement arrives, the British automaker will send off the current Vantage with what promises to be its most extreme version yet. First mooted over a year ago and spied more recently undergoing testing at the Nurburgring, Aston has now released this teaser video announcing the upcoming debut of the Vantage GT3 to bridge the gap between the top-of-the-line V12 Vantage S road car and the competition-spec V12 Vantage GT3. As such, we're expecting it to pack the company's ubiquitous 6.0-liter V12 engine, likely with some upgrades: what produced 510 horsepower in the previous V12 Vantage and 565 hp in the newer V12 Vantage S is likely to nudge the 600-hp mark in the GT3. Along with the expected power upgrade, we can look forward to all the usual suspects: more extreme aero and cooling, upgrades suspension, brakes and rolling stock, a stripped-out cockpit and more. The Vantage GT3 is confirmed to debut at the Geneva Motor Show this coming March.