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Aston Martin previews new 5.2-liter twin-turbo V12

Depicted in the teaser video above is Aston Martin's new 5.2-liter twin-turbocharged V12. Beyond those basic specifications, Aston isn't saying much about this new engine or what it will power, but it does promise that the new engine will debut sometime this year. The bulk of Aston Martin's current lineup – basically everything but the V8 Vantage – is powered by a 6.0-liter V12 that dates back to the DB7 Vantage that debuted in 1999. Only where that model produced 420 horsepower, the latest version in the Vantage GT12 produces nearly 600 hp. Which just goes to show how much Aston has been able to do with the aging engine, but everything has its limits, and all good things must come to an end. While the switch to forced induction may mean a less revvy engine, it ought to deliver more torque (as well as lower emissions and fuel consumption). Aston has a new partnership with Mercedes-AMG that is slated to supply the British automaker with a twin-turbo V8. But the German outfit has considerable expertise with twin-turbo V12s as well. The production facility that recently relocated from Affalterbach to Mannheim produces the 6.0-liter twin-turbo V12 that motivates Mercedes' own SL65 roadster, G65 sport-ute, and S65 sedan, coupe, and cabrio, as well as the version for the Pagani Huayra.

Aston Martin CFO departs as stock hits a record low, losses deepen

LONDON — Aston Martin shares slumped to a record low on Thursday after the British luxury carmaker said its losses ballooned last year and its chief financial officer would leave by the end of April. The firm, famed for being fictional agent James Bond's car of choice, posted a pretax loss of 104 million pounds ($135 million) last year compared with 68 million pounds in 2018 following a 9% decline in sales to dealers. Aston Martin is in the midst of restructuring after announcing last month that a consortium led by Canadian billionaire Lawrence Stroll would buy up to 20% of the company and existing shareholders would inject more cash. Its shares, which were listed in October 2018, have been on a steady downward trajectory ever since and hit a record low of 328 pence following the announcements on Thursday, more than 80% lower than their flotation price. "The big difference between last year and this year is the strength of the balance sheet," Chief Executive Andy Palmer told Reuters. "We're in a very different place and have therefore an ability to properly ... destock and that means get the balance right between supply and demand." Chief Finance Officer Mark Wilson will step down from his role no later than April 30 but had not been fired, said Palmer. Coronavirus impact China, Aston's fastest growing market, was a rare bright spot last year with sales rising 28% but the company, like the rest of the industry, has seen demand drop due to the coronavirus outbreak. The virus has infected more than 80,000 people and killed about 2,800, the majority in China, confining millions to their homes, disrupting businesses and delaying the reopening of factories after the extended Lunar New Year holiday break. Aston has seen disruption to the arrival of certain parts but said it had not had to stop production at its factories, with components secured until at least the end of March because it has no direct suppliers in China. "Since almost the first weeks of the New Year we've had issues with those Tier 2 and Tier 3 (suppliers) which have meant that our supply chain guys have had to be on it constantly," said Palmer. "We're ironically benefitting from the fact that we built up a Brexit stock," he said, in a reference to extra components the firm held in case Britain's departure from the European Union led to additional delays in the movement of goods.

2022 Aston Martin Vanquish to offer a manual transmission

The retail versions of the Aston Martin Valkyrie and Valhalla remain a ways off, but carmaker CEO Andy Palmer but has given us something to look forward to beyond the flagship hypercar and its baby brother. Palmer told Australian outlet Car Sales that the Vanquish would be offered with a manual transmission. The pledge fulfills Palmer's previous statement "that I want to be the last manufacturer in the world to offer manual sports cars, and I want to honor that commitment." There's at least one potential caveat with this: The seven-speed dogleg manual transmission recently released for the Vantage AMR forced a reduction in power numbers. The gearbox, developed with transmission maker Graziano to work with the Mercedes-AMG-sourced 4.0-liter twin-turbo V8, cut torque to 461 pound-feet compared to 505 lb-ft in the automatic-equipped coupe. The detune added 0.3 seconds to the 0-60 mph time, but we're confident buyers were happy with the compromise and tech bits that allowed full-throttle upshifts and rev-matching downshifts. The Vanquish will use an electrified, twin-turbocharged, 3.0-liter six-cylinder developed in-house at Aston Martin. Even so, with a lot more power and torque expected in order for the Vanquish to stand above the Vantage and battle the Ferrari F8 Tributo, McLaren 720 S, and Lamborghini Huracan, buyers could again face abridged output. Aston Martin hasn't said a word about figures, but the F8 and 720 S already crest 700 hp and bring 568 lb-ft. The Valhalla, which will use the same engine as the Vanquish but is predicted to pack around 1,000 hp, will forgo the manual. Palmer told Car Sales, "that car will only come with a paddleshift transmission." As with the Ferrari, but unlike the McLaren and the Lamborghini, the Vanquish gets a bonded aluminum tub instead of carbon. Aston Martin designed carbon tubs for the Valkyrie and Valhalla for "owners happy to sacrifice comfort for ultimate speed." Palmer explained the Vanquish's intended daily-driver usability drove the choice for aluminum, which permits a lower, narrower sill for easier ingress and egress. Having two architectures is more expensive for the small company, but Palmer explained, "Unlike McLaren we're not trying to stretch the same assets over and over again. Our approach is ... hopefully ...