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Check out King Charles III's $17.6 million car collection

King Charles III's coronation will take place in England on May 6, and being crowned a monarch comes with a long list of perks with four wheels. He will gain full access to the Royal Family's fleet of cars, which is valued at about GBP14 million (approximately $17.6 million). The two most expensive cars in the collection are nearly identical: they're a pair of Bentley State Limousine models (pictured) built for Queen Elizabeth II, King Charles III's mother, in 2002. Only two units were made, and they're both part of the Royal Family's fleet, so they're difficult to put a value on; it's not like one is going to end up listed on your favorite auction site anytime soon. British company Nationwide Vehicle Contracts, which compiled the list, estimates that each armored, 245-inch long sedan is worth at least GBP10,000,000 (roughly $12.6 million). Dropping below the eight-digit threshold, the second-most-valuable car in the Royal Family's fleet isn't really a car. It's the Gold State Coach, which Matchbox recently released a 1/64-scale replica of, and its value is estimated at GBP1.6 million (about $2 million). At 275 inches long it's even bigger than the Bentley limousine and it weighs about 9,000 pounds. It's 261 years old and designed to be pulled by eight horses, and has been part of every coronation since 1831. The rest of the Royal Family's vehicles are relatively mundane. There's a 1965 Aston Martin DB6 Volante that Queen Elizabeth II and her husband, Prince Phillip, bought for King Charles III on his 21st birthday. It's worth GBP1 million (about $1.2 million). The collection also includes a Rolls-Royce Phantom VI (about $627,000), a Bentley Bentayga (about $201,000), a Land Rover Range Rover long-wheelbase Landaulet ($133,000), a Jaguar XE (about $41,000), and a Land Rover Defender ($38,000). "Luxury cars have long been associated with the monarch and King Charles III, in particular, is known for his fondness of motor vehicles. His impressive collection features sentimental value with motors passed down from his late mother, Queen Elizabeth II, to cars bought for him by his parents," explained Keith Hawes, the director of Nationwide Vehicle Contracts, in an interview with CBS News. Being at the head of a car-making nation's royal family also comes with drawbacks: Every vehicle in King Charles III's fleet is British.

Aston Martin CEO Andy Palmer to leave in favor of AMG chief Tobias Moers

Aston Martin Chief Executive Andy Palmer is leaving the business as part of a management shake-up and will be replaced by Tobias Moers, CEO of Mercedes-AMG, a source familiar with the matter told Reuters on Sunday. The luxury carmaker said in an emailed statement that it is reviewing its management team but declined to comment on Palmer's fate. Palmer and Germany's Daimler, which owns a 5% stake in Aston Martin and supplies the carmaker with Mercedes-AMG engines, also declined to comment. The Financial Times newspaper had reported earlier that the Aston Martin chief was going to leave as part of a shake-up of its leadership, with an official announcement expected on Tuesday. Palmer had not been informed of the upcoming announcement, the newspaper reported. Aston Martin, famed for being fictional secret agent James Bond's car of choice, has seen its share price plummet since floating in October 2018. The 107-year old British luxury carmaker earlier this month posted a deep first-quarter loss after sales dropped by almost a third due to the impact of the novel coronavirus outbreak. The company has been banking on its sport utility vehicle to drive sales in a new segment, and said production was on track. In January, dire conditions forced the company to bring in Canadian billionaire Lawrence Stroll who bought a roughly 20% stake for nearly 200 million pounds ($263 million), as the ailing carmaker sought to raise funds. The coronavirus pandemic and shutdowns caused by it have hit demand and forced factories around the world to suspend production, negatively impacting many industries, including car manufacturers. "We were obviously fairly significantly hit by COVID-19, starting with China in January but more clearly in what we saw as it came across towards Europe and the United States," Palmer told Reuters earlier in May. Related Video:

Aston Martin V8 Vantage Series II spotted during 'Bond 25' filming

James Bond is known for piloting all sorts of cars from Aston Martin, Lotus, and even BMW. His most famous is obviously the silver DB5 from the Goldfinger, which had various cameo appearances in some of the newer Bond films featuring Pierce Brosnan and Daniel Craig. But for the latest installment to the series, it appears movie producers are going a bit more nostalgic. Norwegian news outlet Dagbladet reportedly caught wind of the movie's filming and production along Norway's scenic Atlantic Coast, where a later Aston Martin V8 Vantage Series II was spotted during a car chase cut. Diehard Bond fans would point out that the V8 Vantage from the 1970s and 1980s was Bond's vehicle in the films featuring Timothy Dalton as Bond, most notably "The Living Daylights." As seen from the exclusive photos and footage from Dagbladet, the Aston Martin V8 Vantage was being driven with some Toyota Land Cruisers and Range Rover Sports in pursuit. The brown Aston in use even had the same license plate as the one driven by Dalton's Bond: B549 WUU. This strongly implies that the V8 Vantage will make an appearance, in addition to the rumor that Bond will get an all-electric version of the Rapide. The next Bond film is rumored to be very nostalgic, especially since it's the 25th film of the franchise. Not much is specifically known however, besides the fact that Daniel Craig will return as James Bond while Rami Malek will take the role as the film's leading villain and antagonist. Supporting roles will be played by Naomie Harris as Eve Moneypenny, Ben Whishaw as Q, and Ralph Fiennes as M, as previously played in the last few movies. The latest film is directed by Cari Johi Fukunaga, who also directed HBO's "True Detective" and Netflix's hit series, "Maniac." Aston Martin also chimed in with its own nostalgic tribute to its role with James Bond with the launch of an Aston Martin DBS Superleggera that pays tribute to the franchise's sixth film ever, On Her Majesty's Secret Service.