#AstonMartin

Aston Martin is canceling is mid-engined Valkyrie racer and stalling EV development until 2025 as it reassess both the racing and industry landscapes. The Valkyrie was originally scheduled to commence its racing career in Silverstone this fall, before moving on to the main event — the 24 Hours of Le Mans — in 2021. Now, the company says it will halt development on the racer while it reorganizes under new investor Lawrence Stroll (Red Bull is out) and the Racing Point F1 team.

This appears to leave Toyota as the only big-boy factory team participating in the LM Hypercar division for its introductory season. Despite assurances that factory LMP1 teams had an interest in the class, they haven’t been clamoring to get involved. Peugeot and Glickenhaus are technically still in the running, though neither appear to have expended the same kind of cash as Toyota or Aston and are likewise presumed to pull out before the season starts.

This must be confusing for the FIA, as Hypercar was seen by the World Endurance Championship as an affordable alternative to P1 while also allowing manufacturers to adhere more closely to signature body styles that the prototypes would allow. It was assumed automakers would love this, as it allowed for more direct marketing ins and some overlap with the prototype cars.

2019 was not a good year for Aston Martin’s balance sheet. As the British automaker struggled to get new product out the door, its stock decided to mimic the final plunge of the Edmund Fitzgerald. A second profit warning greeted accountants and shareholders as the New Year dawned.

As reported Friday morning, the company’s outlook is suddenly much sunnier.

Maybe it won’t be needed, what with a new sport-utility vehicle on the way, but Aston Martin’s deflated stock price and profit dive has the British automaker in search of a financial parachute. By that, we mean investors who can pump a little cash into the company while boosting shareholder confidence.

After a disappointing year, Aston Martin needs to chart a path to better finances, and a Chinese company that’s no stranger to endangered European brands might just be that sugar daddy.

Aston Martin was not under the illusion that 2019 would be a stellar year. After issuing a recent profit warning, the British automaker fired off another this week after realizing it ended up being a worse year than initially feared. Aston’s stock has lost 3 billion pounds in market value since the company’s initial public offering in 2018.

While retail sales were technically up last year, climbing 12 percent, total wholesales fell by 7 percent. According to the manufacturer, gains were made thanks to the redesigned Vantage (introduced in 2018). Unfortunately, that also caused some headaches. Despite being a six-figure car, at Aston Martin the model is technically an entry level, and its high take rate actually resulted in a lower average selling price across Aston’s business for Q4. Combine that with an overall increase in leased vehicles upping financing costs and you’re beginning to see part of the problem.

After years of rumors and real-world development, Aston Martin has finally joined the SUV crew. Among its members these days? Bentley, Rolls-Royce, Maserati, Alfa Romeo, Lamborghini, and Jaguar, with the likes of Lotus and Ferrari eager to join this high-riding posse of automotive misfits.

The DBX is a two-row utility vehicle boasting a profile you can find elsewhere in the industry and an engine sourced from the Germans. It’s a twin-turbocharged 4.0-liter V8 borrowed from AMG, and it motivates this largest-ever Aston with 542 horsepower and 516 pound-feet of torque. Price? If you need to ask, you cannot afford.

Keen to expand into new segments and redefine itself as an auto brand, Aston Marin is now a publicly traded company with a crossover vehicle on the horizon. The plan, established by CEO Andy Palmer and about as novel as dirt, was due for a checkup last week. Sadly, the automaker was not released with a clean bill of health. Aston reported a pre-tax loss of £78.8 million ($92 million) in the six months ending in June.

Speaking with the media, Palmer argued that the company had done well in the first quarter but claimed economic conditions and dwindling dealer interest had hurt the business in Europe, the Middle East and Africa. The United States performed comparatively better — possibly due to the marque bringing on Tom Brady as a brand ambassador, even though at least two of the cars built with the athlete’s name on them have already passed through the secondhand market $100,000 below sticker. Unfortunately, minor victories weren’t nearly enough to keep the firm’s share price from tumbling downward like an allegedly deflated football.

Sometimes, motorcars of high specification end up off-limits to some markets due to issues relatively outside the manufacturer’s control: funding, distribution, or perhaps regulation. Aston Marton took a different approach with the Lagonda Taraf, and intentionally limited their super sedan to just one market.

Maybe that was for the best.

Aston Martin’s Rapide, a super-sedan created by stretching the DB9, is essentially dead, with the last remaining examples of the limited-run Rapide AMR finding deep-pocketed buyers. And yet, like Frankenstein’s monster, the Rapide lives on, having had its V12 heart replaced by something altogether new.

Aston Martin has a “new” electric car to show off at Auto Shanghai 2019. It’s a discontinued Rapide converted to electric power and saddled with the Rapide E name, and it can be yours for a considerable sum of money. It’s anything but a green car for the masses.

British tabloid The Sun reported this week that the next James Bond movie will feature an all-electric Aston Martin Rapide E as 007’s featured ride in an effort to give the government-sanctioned killer a greener persona. While Bond films have featured countless vehicles, Astons are typically reserved for series’ titular hero — though he has driven a weird amount of Fords throughout the years.

Developed with loads of help from Williams Advanced Engineering, the Rapide E will be James’ first electric vehicle (watercraft and moon buggy excluded) and was an intentional decision on the part of the film’s director, Cary Joji Fukunaga, to update the character. “The decision was spearheaded by the film’s new director, who’s a total tree-hugger,” claimed The Sun’s unnamed source. “He is working directly with Aston Martin to get one of their electric cars ready for its big close-up.”

The Rare Rides series is fond of Aston Martin, and has previously featured a Lagonda, Virage, and a bespoke V8 shooting brake. Today we have a look at the closest the brand ever got to making a British Mustang.

It’s a V8 Volante from 1988.

Ever wondered what a bespoke shooting brake might look like if its donor vehicle were a long-wheelbase convertible? Wonder no more, for today’s Rare Ride is just such a vehicle, and is also an Aston Martin.

The Buy/Drive/Burn series has been all about convertibles lately. We started with some $40,000 luxury entries from 2010, then upped the dollar figure with three more from 2009 that asked over $90,000 for the pleasure of their company.

Today we step back in time to the year 2001, and spend even more money. The cheapest drop-top here is over $120,000. Let’s go.

Brits have now been grappling with their Brexit situation for what now seems like an interminable amount of time, with no shortage of digital ink and political hot air spilled about the subject.

Looking past all the posturing, however, a disorderly departure from the EU could contain serious ramifications for companies making products in Britain, and fancy-pants Aston Martin has initiated a contingency plan to handle a “no deal” Brexit. Prepping for a worst-case scenario, the company is stockpiling cars in … Germany.

Aston Martin CEO Andy Palmer isn’t very trusting of his government’s plan to ban all internal combustion vehicles by 2040. The 55-year-old Brit had a few things to say about the UK’s intentions last year, none of them very kind to policy makers.

Since then, it seems he’s grown even more concerned about the legions of old Astons prowling the carriageways of his fair country. With this in mind, the automaker developed a way to “future-proof” emissions-spewing classics and keep them from becoming illicit Red Barchettas sought out by agents of a puritan superstate. You’ll have to hand over your inline-six or V8 first, but don’t worry — you can put it back.

Last year, Aston Martin revealed that its Zagato line would receive a shooting brake variant of the Vanquish, issuing a teaser photo of the model in red. Then the company went silent, leaving many wondering what happened. Apparently there was no reason to worry, as Aston Martin just released a pretty robust series of images highlighting the vehicle’s bold styling.

With this much fanfare, it must be getting close to launch.