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Aston Martin's upcoming hypercar officially named Valkyrie

For all of the awesome design and impressive promised performance of the upcoming hypercar from Aston Martin and Red Bull, it has had until now a terrible name. AM-RB 001 never really rolled off the tongue, nor did it evoke power and beauty like past Aston Martin names, such as Vanquish. But Aston has fixed that with the car's new name, Valkyrie. It's a solid name, one that comes from Norse mythology. Not only that, but it continues Aston's use of names starting with "V" (Vantage, Virage, Vulcan, et al). It's also way easier to say than the serial number that was the old name. We're looking forward to getting the full official specs, too. So far, we know it will have a V12, and the company is aiming for a one horsepower to one kilogram power-to-weight ratio, similar to that of the Koenigsegg One:1. We've also heard that Aston will sell just 175 cars, with each running about $3 million. Related Video:

Aston Martin developing TT hybrid V6 to replace AMG-sourced V8

We knew that Aston Martin is working on a twin-turbo 3.0-liter V6 hybrid that will fit into the forthcoming mid-engined Valhalla (pictured) and Vanquish sports cars. Car and Driver spoke to Aston Martin boss Andy Palmer, who explained that the engine will effectively replace the Mercedes-AMG-sourced 4.0-liter V8. Palmer explained the rationale by saying, ""Mercedes have made no secret of where their engine technology is moving to, and obviously we don't foresee four-cylinder engines in our Astons, so we’ve got to make our own journey." Autocar reported recently that the next AMG C 63 will be powered by a plug-in hybrid four-cylinder. Aston Martin's V6-for-V8 substitution means the Vantage, DB11, and DBX will eventually get V6 power, too, although it's not clear when that will happen. Production of the Valhalla, the model that first brought news of the coming V6, is slated to begin in late 2021. Palmer all but said the six-cylinder will be more powerful than the eight-cylinder it replaces because "there's no way our customers are going to expect to step backward" as far as output's concerned. Regarding the Valhalla, last year when C/D "suggested to an Aston spokesman that the car would need to produce at least as much as the 789-hp McLaren Senna to be regarded as a worthy opponent, he agreed that was a fair assessment." At the other end, the V8-powered Vantage makes 496 horsepower, leaving plenty of room for graduated tunes among the sports cars. Engineers will need to focus on getting the sound right, Palmer adding, "As long as it feels like a V-8 and sounds majestic, I think it's a perfectly sensible way to go, and a lot more sensible than an [inline] four would be for us." Electric help will take a less revolutionary form than we're seeing in a number of modern super sports cars. The V6 won't go plug-in, Palmer wary of the necessary weight gain; Lamborghini's spoken at length about its trouble finding suitable concepts for the next-gen hybrid powertrains for the Huracan and Aventador that provide an acceptable weight/performance balance. Aston Martin's plan is apparently to stick with the Valkyrie template, putting an electric motor between the engine and a traditional transmission, instead of using a transmission with an integrated e-motor as seen on coupes like the Acura NSX and Ferrari SF90 Stradale. Aston Martin intends to go against the current in another way, too, at least for now.

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.