2003 - Aston Martin Vanquish on 2040-cars

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Mercedes-Benz to boost stake in Aston Martin to 20%, lend it some tech

Daimler unit Mercedes-Benz is to lift its stake in Britain's Aston Martin to up to 20% by 2023, making it one of the struggling British carmaker's largest shareholders, Aston said on Tuesday. Aston Martin, popular for being James Bond's carmaker of choice, has suffered a torrid time since it went public two years ago, with its shares losing two-thirds of their value this year. The 107-year-old firm hired Tobias Moers, former CEO of Mercedes-AMG, as its new boss from August. Aston said the increase in Mercedes-Benz's stake, from 2.6% currently, would take place in several stages as part of a wider issue of 250 million shares at 50 pence each. The stock issued to the German group will have a maximum value of 286 million pounds ($372.7 million), it said. The deal will see an existing supply agreement between the two firms, in place since 2013, expanded to give Aston Martin access to key Mercedes' technology, including hybrid and electric drive systems. "We take another major step forward as our long-term partnership with Mercedes-Benz AG moves to another level, with them becoming one of the company's largest shareholders," said Aston's chairman and biggest shareholder Lawrence Stroll. The German firm will get the right to nominate one non-executive director to Aston Martin's board after its first shareholding increase, the London-listed firm said. Aston, which has started deliveries of its first sport utility vehicle, the DBX, said on Tuesday it swung into an adjusted core loss of 29 million pounds in the third quarter, versus a profit of 43 million pounds last year. Revenue in the period nearly halved to 124 million pounds, it said. Aston Martin is targeting annual capex of 250 million pounds to 300 million pounds per year between 2021 and 2025. It envisages production volumes of about 10,000 units, revenues of about 2 billion pounds and adjusted core profit of 500 million pounds by financial years 2024 or 2025.

Aston Martin DB5 Vantage trio for sale, and they're as rare as rare gets

Among classic Aston Martins, there are perhaps none better, from pre-war antiques to modern supercars, than the DB5. And among DB5s, the Vantage specifications are the most prized among car collectors. With only 70 of the high-performance examples built out of an already small pool of about 1,023 regular-flavor DB5s, they are a rare breed. If that's your bag, there's currently a once-in-a-lifetime sale of three different body styles of DB5 Vantages as one lot. The sale, facilitated by Aston Martin dealers Nicholas Mee & Co Ltd., will offer a Vantage in every DB5 body style built. The Vantages looked like normal DB5s, but had 322 horsepower, a 40-horse gain, thanks to a higher cam profile and some Weber carbs to replace the S.U. units.  On the coupe, at least, that translated to a 0-60 time in the mid-6's, quite impressive for a 1960s car. The Vantage sale trio is one coupe, one convertible, and one shooting brake. It'd be impossible to get that last one anywhere else, as there was only one factory Vantage shooting brake ever built, and this is it. In total, only 12 DB5 shooting brakes were made, with the first being a one-off for Aston Martin's chairman at the time, David Brown. He used it for the most rich-British-guy activities you can imagine — hauling gun dogs and polo equipment. Eventually, 11 were ordered by customers, but this California Sage specimen is the sole Vantage-spec car. The next rarest is the Caribbean Pearl Blue convertible. Only 123 DB5 convertibles were ever built, and only 5 to 12 (depending on who you ask) were fitted with the Vantage engine. While rarity or open-top cruising might be reasons to desire this car, we want it simply because it's one of the few we've seen that doesn't come in some dour shade of gray or British racing green. Lastly, for all the 007 cosplayers, is the Silver Birch coupe, looking exactly like the one made famous by James Bond. It has been a staple of the film franchise ever since 1964's "Goldfinger," quite possibly the first car to benefit from a movie fame halo long before the "Back to the Future" DeLorean or the "Fast and the Furious" Supra. All three cars come with a dossier of build details, ownership and maintenance records, and British Motor Industry Heritage Trust certificates guaranteeing their provenance. The asking price is $5,643,000, which may seem steep considering a DB5 Vantage coupe is worth a little over $1 million.

Race Recap: 2014 24 Hours of Le Mans defines 'endurance'

Commenting on the rush of events that rocked beginning and end of the 24 Hours of Le Mans, Paul Truswell of Radio Le Mans said "the race is about the ability to endure, not just the ability of drivers to do what they do for a long time." The entire race machine, all the way down to the pit boards and radios, has to survive the stress and abuse of the entire day. This was the race to prove those words.
There were two Toyotas, two Porsches and three Audis, five of the seven led the race at some point, six of the seven ran in the top three. Toyota will be hugely disappointed that it didn't win when its car and drivers were so, so strong, but they gave Audi the kind of scare we haven't seen since the best of Peugeot's days, and Toyota did a better job of it even in the loss. Porsche blew away everyone's expectations, falling 3.5 hours short of a fairy tale ending that would have made Disney cry.
But Le Mans doesn't really do fairy tales. Well, not that fairy tale. Audi's Twitter handle during the event was #welcomechallenges. As usual, Le Mans answered for the entire field.