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Paul McCartney's Aston sells for $1.8M; Ringo Starr's old Mini goes to a Spice Girl

The Bonhams Bond Street auction in London was the place to be for fans of both The Beatles and automobiles as two cars once owned by former members of the band were up for auction. The first was an Aston Martin DB5 owned by Paul McCartney, and the second was a Mini Cooper owned by Ringo Starr. Both went for substantial sums, and the Mini went to an interesting owner. The Aston brought the big bucks, or pounds, since it was a British auction. The final price with premium was barely over $1.8 million, which fell smack in the middle of Bonham's estimate. It's an impressive price on its own, but more so when compared with its sale back in 2012. Back then it was painted in the same blue it had originally, and it only sold for $495,000, making this new sale more than three times higher. View 22 Photos The Mini went for much less, at just under $137,000 with premium. But the car went to an interesting owner, Geri Horner, nee Hollowell, whom you may know better as Ginger Spice of the Spice Girls. The Mini itself is interesting, too. Each of The Beatles owned a classic Mini at some point, but Ringo Starr's was unique because the flip-down tailgate was converted to a modern-style lift-up hatch incorporating the rear window. Reportedly the reason was so Starr could easily fit his drum kit in the back. It also featured a custom grille, driving lights, hood vents, and soft sunroof among other things. It even appeared on " Top Gear" in 2001. And before we forget, McCartney's DB5 also has " Top Gear" history in that it was owned by former host, Chris Evans. Related Video: Featured Gallery 1964 Aston Martin DB5 owned by Paul McCartney View 13 Photos Image Credit: Bonhams Celebrities Aston Martin MINI Auctions Coupe Hatchback Classics aston martin db5 the beatles

Aston Martin losses shrink, still amount to nearly $10k per car

Aston Martin's current lineup may be the best it's ever been, but that doesn't mean the automaker is making money off its Vantage, DB9, Vanquish and Rapide dream machines. In fact, the company lost $41 million in 2013, but that pretax figure is actually a third lower than in 2012. Revenue was up a promising 12.6 percent, according to Reuters. The Kuwaiti-owned British manufacturer blames its losses on the still troubled global economy, acknowledging that it's seen a small recovery in the ultra-high-end segment of the market. Global sales were up from 3,800 to 4,200 in 2013. To put it all in perspective, $41 million in losses on 4,200 units works out to around $9,700 lost per vehicle sold. That's no way to run a railroad. While the company's CFO, Hanno Kirner, told Reuters the company is hoping for a big bounceback by 2016, Aston's fortunes in the United States remain uncertain due to a new federal side-impact standards. The company has filed for exemption, although the jury is still out on the success of that petition.

Aston Martin requests exemption from stringent US safety regulations

If you were intrigued by the chance to buy a new Aston Martin Vantage GT for $99,900, it might be best not to wait too long. There is a slim chance that the Vantage and DB9 may not have much life left in the US because they don't meet new crash standards. Aston Martin has filed documents with the National Highway Traffic Safety Administration asking that the new pole and moving barrier crash safety requirements – internally referred to as FMVSS 214 – be waived for the two models. The company is claiming "substantial economic hardship" and says that it can't afford to bring the vehicles into compliance. We aren't talking about a huge number of vehicles here. The Rapide and Vanquish comply with the new rules, and Aston Martin predicts that it would import 670 Vantage and DB9 models into the States between September 1, 2014 and August 31, 2017. The automaker estimates it would cost around $30 million to make them compliant. The company has indeed been in rough shape in the not-too-distant past. According to the documents, sales volume decreased by about 48 percent from a high of 7,281 units in 2007 to 3,786 vehicles in 2012. The automaker had planned to have new models ready in time so that it wouldn't need an exemption, but the global economic crisis delayed it. Interestingly, the paperwork reveals that Aston currently plans to launch a replacement for the DB9 between September 2016 and August 2017. Aston Martin doesn't have very long for NHTSA to deliberate. The new rules go into effect for them on September 1, 2014 for hardtops, and September 1, 2015 for convertibles. While it would still be able to sell its other models here, it would certainly be a shock if it had to pull the the Vantage and DB9. Both documents are available in PDF format to download and read.