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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:

800-hp Aston Martin Vulcan will live long and prosper... on the track

The Aston Martin Vulcan might by one of the most beautiful creations to ever emerge from the British sports car company. Unfortunately, its status as a track-only toy limited to 24 units makes seeing one on the road practically impossible. That's a shame, too, because nothing would wake up an early morning commute better than seeing jets of flame shoot out of the side of this coupe. For the Vulcan, Aston Martin takes a 7.0-liter version of its tried and true V12 and promises to extract over 800 horsepower from it. The engine is hooked up to a six-speed sequential gearbox, and the car features all of the other necessities for a full-bore track car too. The pushrod suspension, anti-lock carbon-ceramic brakes and traction control are all fully adjustable to create the perfect balance for any circuit. Underneath, there's a carbon fiber monocoque, and the body panels are also made from the lightweight material. While the mechanicals are everything a driver could want on the track, the design is just as attractive. The styling takes the taut lines from Aston Martins of the last decade and sharpens everything to look futuristic. The pointed, orange filaments making up the taillights are an especially cool touch. The brand promises to reinterpret this look for future models, so we might still see inspiration of it on the road. Give it a thorough look in our live gallery above from the floor at the 2015 Geneva Motor Show. Related Video:

Gold-plated Aston Martin DB5 model sells for $90k

Classic Aston Martins sell for big bucks at auction. So this news of a DB5 selling for a princely sum hardly comes as a surprise. But the model in question wasn't an actual DB5. It was a scale model. Created to celebrate the 50th anniversary of the legendary James Bond film Goldfinger, this 1:3 scale replica of the DB5 that Sean Connery drove in the movie was plated in 24-karat gold and signed by Sir Ken Adam, who designed the modified movie prop. Created by Propshop at Pinewood Studios, the model comes complete with radio-controlled machine guns, bulletproof shield and rotating license plate – just like the one in the movie. After registering interest from some 19,000 viewers from 129 countries, the model sold online for GBP55,000 ($90k) to one Mr. Robert Tyrrell, an English farmer and Bond fan. Proceeds benefit the National Society for the Prevention of Cruelty to Children. Aston Martin DB5 Model Sells for GBP55,000 in Online Charity Auction 17 September 2014 - Tonight, on the 50th anniversary of the World Premiere of Goldfinger, a unique 24k gold-plated third scale replica of James Bond's iconic Aston Martin DB5 was sold in a special online sale to benefit the NSPCC by Christie's and EON Productions for GBP55,000. It was bought by a farmer from Abingdon in Oxfordshire and was among the highlights of the five lots which made a total of GBP136,800 for the charity. The model was created by Propshop at Pinewood Studios and signed by legendary Bond Production Designer Sir Ken Adam. Bidding closed online this evening during an event in London's West End attended by Bond girl Shirley Eaton. Complete with radio controlled machine guns, bullet proof shield and revolving number plate, interest in the sale came from Bond fans around the world with more than 19,000 visitors from 129 countries to the special www.christies.com/goldfinger site. The buyer, Mr. Robert Tyrrell from Steventon, near Abingdon in Oxfordshire, an arable farmer with a collection of classic cars, said after his winning bid tonight: "I saw it at Goodwood this weekend and said 'I'll be having that!'. I am a Bond man, the first movie I saw was Thunderball and I was more than happy to support this worthy cause." A unique Goldfinger Seamaster 'Aqua Terra' wristwatch created by Omega to celebrate the anniversary of the film surpassed the pre-sale estimate ten times when it sold for GBP70,000.