2005 Aston Martin Db9 on 2040-cars

Auto blog

Mercedes increases stake in Aston Martin

As part of an increasingly close partnership, Mercedes-Benz parent company Daimler is reportedly preparing to increase its stake in Aston Martin by another one percent, bringing the German automaker's shares in the British company up to five percent.
The rapprochement between the two has been in the works for years now, and is finally beginning to take form. Mercedes-AMG is in the midst of developing a new engine with and for Aston Martin in an apparently similar arrangement to that which it has with Pagani. But that's not the extent of it.
Daimler will also furnish Aston Martin with electrical systems and other components, said to lead up to the eventual sharing of platforms: one to underpin future GTs and another to serve as the basis for a long-mooted Aston Martin crossover, now said to be back on the table and slated to launch in 2017. The prospect of using the partnership to reinvigorate both the Lagonda and Maybach luxury brands, however, has since been taken off the table, with both parties continuing those projects independently.

Aston Martin to raise funds for new models including CUV, hybrid

Aston Martin CEO Andy Palmer named three leads for new vehicle programs when he took the reins, now the company is looking for the money to give those leads something to do. Reuters reports that the Gaydon firm is considering debt or equity financing to raise 100 to 150 million pounds ($156M to $234M US) in funding for "an expansion from the current model range," according to an unnamed source. On top of that investment round, Aston Martin is overhauling its working capital streams to unlock more funds. As one of the industry's few remaining independent carmakers, the company has an intense five years ahead of it, working to revamp its current vehicles with a 500-million-pound investment, entering new segments to grow sales to roughly 10,000 units annually from 4,200 cars in 2013, and pay down hundreds of millions of pounds in current debt. The big high notes observers will be looking for over the next few years are the successor to the DB9, pegged for 2016, profitability predicted in 2017, a huge debt note due in 2018, and the formal end of the recovery period in 2020. Our own eyes will be locked on the DB10 in Spectre, naturally, and the Lagonda-honoring Taraf in other markets, hopefully. At least one of the new vehicles is expected to be a crossover, a segment Aston seemingly cannot ignore now that Bentley and Rolls-Royce are committed to making plays there. However, Reuters says an official announcement of what we can expect won't come until the 2015 Geneva Motor Show. Among the other models said to be up for funding? Sedans (perhaps including a Rapide replacement?) and an unspecified hybrid.

Historic cars — and a Spitfire fighter plane — go on sale in Britain

An assortment of somewhat eccentric but ultimately appealing vintage collectors’ machinery, topped by a 1983 Lancia Rally “Evoluzione” and featuring Porsches, Bugattis and even a Spitfire fighter plane from World War II, will go to auction in Britain next month. The event, organized by the Bonham/Cars auction organization and scheduled for September 9-10, is formally called the “Revival Sale,” to be held on the grounds of Goodwood, site of the famous track southwest of London. Cutting to the chase, hereÂ’s a look at some of the highlights noted by BonhamÂ’s that are expected to attract substantial bidsÂ…plus thereÂ’s the airplane as the cherry on top. —1973 3-liter Martini Racing Works Team Porsche Carrera RSR 'R7' Endurance Racing Coupe (estimated bid, $4.7 million to $7.25 million.). ThatÂ’s quite a name for quite a race car and a veteran of the 24 Hours of LeMans in 1973. The carÂ’s background goes back to the previous year, when Porsche launched its new 911 Carrera model with engine capacity raised from 2.4 liters to 2.7. A batch of 500 lightweight-bodied 911s was built to achieve governing-body sporting acceptance (homologation) of the new variant. Three versions were offered – the RS (RennSport), RST (touring) and the ultimate racing RSR, of which this 'R7' is one of only four such works team cars to have survived. ItÂ’s also one of only a few cars to wear the classic Martini Racing livery with its dark-blue and red striping upon a German-silver background.  —1967 Toyota 2000 GT (estimate: $835,000-$1.1 million) in Pegasus White is believed to be first acquired by the owner of Toyota Mozambique and was one of only two cars imported to the East African country. Known for its precise engineering and impeccable quality, this Japanese halo car was one of only 351 built in 1967-1970. Over the years, the GT's exterior and interior have been preserved and an engine rebuild was undertaken. It was awarded "Best in Show" at the London Concours in 2022. — 1986 Aston Martin Virage Coupe Prototype (estimate: $315,000 - $440,000). This is a two-door prototype of the company's mainstream model of the 1990s, the Virage. In 1990, the vendor received factory approval to strip down the chassis and rebuild it to his 6Â’3” height.