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Aston Martin to cut 15 percent of workforce

Aston Martin has announced it will slash nearly 300 jobs, or about 15 percent of its total workforce, as part of a cost-cutting bid. The changes aren't going to come on the factory floor, though. Instead, according to the Unite trade union, the majority of firings will involve white collar employees – administrators, managers, and the like – at the company's headquarters in Gaydon, England, Bloomberg reports. In an emailed statement to the business outlet, Aston Martin said eligible employees will be offered early retirement options. While Aston said there'd only be 295 employees released, Unite put the number at no more than 314. "Collective consultation with employee representatives, including Unite, has begun and the company is working with them to minimize the risk of compulsory redundancies," the union told Bloomberg. Aston Martin added that this move will have no impact on the company's production figures, although it's unclear what it could mean for future vehicles, like the production DBX and upcoming DB11. Related Video:

Aston Martin Vantage GT3 gets it done the old fashioned way [w/video]

Aston Martin may be looking towards the future with new product unveiled here at the Geneva Motor Show like the Vulcan track car and DBX electric crossover concept. But it's not about to leave its existing lineup behind. That's where the model you see here comes in. What you're looking at is the new Aston Martin Vantage GT3 Special Edition. As you might have guessed, it's based on the Vantage that first arrived a decade ago, but has come a long way by now: where the original packed a 4.3-liter V8 with just 380 horsepower, the GT3 goes with Aston's long-serving 6.0-liter V12 tuned to 592 horsepower. That's more powerful than anything this side of the One-77. Of course Aston didn't just toy with the engine and then head to the pub. It also replaced many of the body panels with carbon fiber and junked anything extraneous to cut the curb weight by 220 pounds (compared to the V12 Vantage S), fitted it with a more aggressive aero package and mounted semi-slick tires on a wider track. Only 100 examples will be offered, so if you're not on the list, the closest you're likely to get is in the slideshow of live images from the floor of the Geneva Palexpo. Featured Gallery Aston Martin Vantage GT3 Special Edition: Geneva 2015 View 10 Photos Related Gallery Aston Martin Vantage GT3 View 22 Photos Image Credit: Live photos copyright 2015 Drew Phillips / AOL Geneva Motor Show Aston Martin Coupe Performance Videos 2015 Geneva Motor Show aston martin v12 vantage aston martin vantage gt3

Aston Martin sues Henrik Fisker over Thunderbolt design

Imitation is supposedly the sincerest form of flattery, but Aston Martin isn't blushing after taking a look at the Fisker Thunderbolt. The british luxury brand has filed a lawsuit against the designer for allegedly copying the company's designs without permission in a US District Court in California. Fisker unveiled the Thunderbolt at the at the 2015 Amelia Island Concours d'Elegance as his own take on the Vanquish. The former Aston Martin stylist's changes included reshaping the grille, adding a power dome to the hood and incorporating wraparound rear glass. The version on display was a concept for the design, but the plan was to sell a slightly modified production version through Galpin Aston Martin. This lawsuit puts assembly in doubt. "This lawsuit centres on Henrik Fisker's creation and promotion of automobiles that Aston Martin contends infringes Aston Martin's rights, by an improper and unauthorised attempt to exploit and free-ride off them," said a portion of a prepared statement from the company emailed to Autoblog (embedded in full below). According to Bloomberg, the automaker claims in the suit that portions of the design, including "the famous Aston Martin mark, wings logo, side vent mark, and Vanquish mark" are being coping in Fisker's design. The business also calls the plan to change the design for the production version a "bait-and-switch." Fisker helped to shape the look of the Aston Martin DB9 and V8 Vantage during his time as a designer at the brand. "Today Aston Martin filed a lawsuit in the state of California to protect its valuable trade marks, designs and intellectual property rights. This lawsuit centres on Henrik Fisker's creation and promotion of automobiles that Aston Martin contends infringes Aston Martin's rights, by an improper and unauthorised attempt to exploit and free-ride off them. Aston Martin regards such conduct as wholly unacceptable and reserves all rights available at law to challenge it."