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Aston Martin sues dealer over $3.5 million Valkyrie supercar

Aston Martin Lagonda Global Holdings said it’s suing a company affiliated with one of its dealers in Switzerland, alleging that it withheld customer deposits collected for the $3.5 million Valkyrie supercar. The automaker accused Nebula Project AG of failing to pass some deposits taken from customers along to Aston Martin and said it has terminated an unconventional commercial arrangement its previous management team entered in 2016. Under the now-dissolved deal, Nebula had agreed to fund development of the Valkyrie and other mid-engine cars in exchange for royalty payments. As a result of terminating the agreement with Nebula, Aston Martin is no longer liable for any potential royalty payments, which could have been “significant” over time, the carmaker said in a statement Tuesday. The company also cut off its dealer arrangements with AF Cars AG, the company that operates Aston Martin St. Gallen in Switzerland, whose board members manage Nebula. A spokeswoman for the cantonal prosecutorÂ’s office in St. Gallen said they are expecting a lawsuit to be filed but hadnÂ’t received it as of noon Tuesday. A spokesman for Aston Martin St. Gallen was not immediately available to comment, according to a receptionist. The canton of St. Gallen in eastern Switzerland is home to just 510,000 people but generates gross domestic product of almost 39 billion Swiss francs ($42 billion), making it a natural fit for wealthy fans of supercars. The Valkyrie, which Aston Martin expects to start shipping in the second half of the year, is intended to compete with mid-engine models made by the likes of Ferrari and McLaren. While Aston Martin believes the net impact of its actions against Nebula will be positive over time, itÂ’s expected to reduce cash flow and earnings before interest, taxes, depreciation and amortization by as much as 15 million pounds this year. The automakerÂ’s shares traded down 1.9% as of 11:50 a.m. in London, paring an earlier decline of as much as 4.9%. Valkyrie customers will still receive their cars as scheduled, Aston Martin said, despite the company not having received all the deposited funds. The company said it will take deposits for special vehicles directly from customers going forward instead of through dealers. Aston Martin racked up significant losses after going public in 2018 and has spent the last year restructuring itself after a rescue by Canadian billionaire Lawrence Stroll, who took over as chairman.

Aston Martin DBR22 is a retro roadster for the lucky few

It's Pebble Beach Concours week, and you know what that means: high-end automakers showing new exotic machinery. Kicking things off is the Aston Martin DBR22. Aston calls it a concept, but that's more of a stretch than Honda with its "prototype" car reveals. The company has said it will build some. The exact number hasn't been given, but don't expect many. The company highlighted a couple of its previous special models such as the Vulcan and V600, each of which were made in numbers below 30 units. The car is more specifically from Aston's "bespoke" division, Q, and it's a celebration of the division's tenth anniversary. It takes its design inspiration from far longer ago, though. The DBR22's dramatic curves, lack of a windshield and towering cowls are all based on the company's 1950s race cars, particularly the DB3S and DBR1 (which already inspired another low-production Aston). The grille is even based on the latter's. The entire exterior is unique to the DBR22, down to the headlights and full-width tail light bar. It's all made of carbon fiber, too. The interior is also unique with leather wrapping most surfaces including the carbon seats. And being a product of the Q division, the handful of buyers will be able to customize pretty much every facet of the exterior and interior to their preferences. No matter how an individual's DBR22 looks, they should be the same under the skin. Aston's twin-turbo 5.2-liter V8 sits below the vented hood and makes 705 horsepower and 555 pound-feet of torque. It sends power through an eight-speed automatic transmission to the rear wheels. Top speed is 198 mph, and it will hit 60 mph in 3.4 seconds. No mention was made of what platform the DBR22 is built on, but it likely shares similarities with the DB11 and DBS. It boasts upgrades, though, such as shear panels front and rear for greater rigidity, plus unique tuning for the adaptive shocks. Most interesting is the rear subframe. It's made of multiple 3D-printed aluminum parts that have been bonded together. It's a preview of future Aston Martin production techniques and the company says it has allowed them to make a lighter subframe than normal with the same rigidity. It also lets the company more easily produce custom parts for low-production models. Aston Martin made no mention of when it will start building customer DBR22 models or when it will take orders. We wouldn't be surprised if the company has already lined up buyers.

Motor Trend pits Aston V12 Vantage S against Jaguar XKR-S GT in battle of the Brits

With the recent increase in higher-performance versions of already high-performance vehicles, like Mercedes-Benz and its AMG Black Series, the public is now gaining even greater access to speed and maneuverability. Two of the most recent sports cars to get their wicks turned up include the Jaguar XKR-S GT and the Aston Martin V12 Vantage S.
Both of these cars are the pinnacles of their lines, with the Jag lording over the XKR-S, XKR and XK while the Aston rules over the standard V8 Vantage S and V8 Vantage. Motor Trend has opted to pit the two rivals together for some thorough testing, and it just happened to bring along a few video cameras to capture all the action.
There's nearly 19 minutes of super hot sports car action below, so scroll down and enjoy.