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Cash influx could help Aston Martin double sales

Aston Martin is on the verge of a major product overhaul – complete with new architecture and powertrains. And good thing, considering that the Vantage and DB9 are each about a decade old. But to make it all happen, the British automaker is going to need a massive capital influx. Fortunately, that's just what it got when Investindustrial came on board. The Italian private equity fund, which previously owned a large chunk of Ducati and is now building a Ferrari theme park in Spain, bought a 37.5 percent stake in Aston Martin back in 2012. The acquisition reportedly cost Investindustrial the better part of a quarter billion dollars, but that's not the end of the firm's investment in Aston. According to Bloomberg, Investindustrial is now pouring even more into the Gaydon-based marque to help fund its product blitz. The output of that investment is expected to be announced at the upcoming Geneva Motor Show. That's where Aston's new chief executive Andy Palmer (whom Investindustrial reportedly helped poach from Nissan) is tipped to announce the company's new product plan that is earmarked to help double the company's sales from around 4,000 units last year to as many as 8,000 once those new products reach the market. The plan will assuredly include replacements for Aston's trademark luxury GTs, but could also encompass a new crossover utility vehicle to give it a greater foothold in growing markets like China while taking on similar new products from key rivals like Bentley and Maserati. While those two competitors are owned by larger auto groups – Volkswagen and Fiat Chrysler, respectively – Aston is independent. It's brokered a deal with Mercedes (thanks once again in no small part to Investindustrial) to help with components it can't effectively develop in-house, but the cash injection will be critical to the brand's revival plans.

Aston Martin recalls 7,000+ vehicles over seat heaters

We've seen vehicles being recalled for all sorts of reasons: ignitions switching off, airbags inflating prematurely, brake lines leaking fluid... but this latest one from Aston Martin is for the seat heater. So what, rich folks won't be able to drive their Volantes with the roof down when it gets cold, you say? Tragic though that would surely be, we're afraid this problem lies at the opposite end of the spectrum: seat heaters that won't turn off. The danger that poses, according to the statement below from the National Highway Traffic Safety Administration, is that the seats could start to smolder. And that doesn't sound like fun. The issue affects just about the entire Aston range, including the DB9, DBS, Virage, V8 Vantage and V12 Vantage, covering the 2006-2014 model years and manufactured between July 3, 2006 and November 5, 2014. That's pretty much everything Aston makes, save for the four-door Rapide, the newer Vanquish, the rare One-77 and the overseas-only Cygnet. So you'd figure that would add up to a lot of vehicles, and we suppose it does, considering the niche market in which Aston competes. All told, the recall affects an estimated 7,256 units across the United States, the owners of which will need to bring their luxury GTs into their local dealer to have an additional circuit module installed that will cut the power to the seat heaters in case the control module fails. Featured Gallery 2013 Aston Martin DB9: Review View 28 Photos News Source: National Highway Traffic Safety AdministrationImage Credit: Copyright 2014 Drew Phillips / AOL Recalls Aston Martin Convertible Coupe Luxury Performance aston martin v8 vantage aston martin db9 aston martin v12 vantage seat heaters

World's Largest Collection Of James Bond Cars On Sale

A Miami real estate developer is selling his entire massive collection of James Bond memorabilia. Valued at $33.25 million, the collection is considered the largest in the world, and will only be sold to a buyer willing to take the whole thing. Michael Dezer began buying Bond cars in 2011, when he snatched up dozens of the super spy's on-screen rides from the James Bond Museum in Keswick, England, Autoblog reports. Since then, Dezer has amassed 59 cars, the rides coming from movies like Goldeneye, Skyfall and The Spy Who Loved Me. The ensemble also includes boats, tanks, jet skis, motorcycles and thousands of other pieces of memorabilia. The lucky buyer of this collection would even get the yacht used in From Russia With Love. An agency in the United Kingdom is handling the sale of the collection. Related Gallery Editors' Picks: The Most Beautiful Cars On The Road View 10 Photos Aston Martin Automotive History Ownership selling famous cars