Aston Martin has always appealed to well-to-do customers, but in stark contrast to the people driving these cars, the British automaker has never been financially stable. The share price collapsed by more than 90 percent in May 2020 since the initial public offering in October 2018, and at the snap of a finger, a consortium of international investors represented by billionaire Lawrence Stroll acquired 16.7 percent of the company.
Because the share prices are still relatively low, Daimler AG plans to increase its holding to 20 percent. As a result of this investment, the group behind Benz and AMG will deepen its collaboration with the British automaker in the guise of bespoke engines. In addition to the twin-turbo V8 we all know and love, rumor has it the 3.0-liter twin-turbo V6 unveiled by Aston Martin Lagonda will be dropped in favor of a Mercedes powertrain.
According to the Financial Times, head honcho Tobias Moers intends to improve the financial situation of the company with 10 derivatives of existing models. These cars and SUVs are to be launched over the next two years, and Moers let it slip that two derivatives of the DBX are in the works.
Speaking to Go Auto at the beginning of the year, chief creative officer Marek Reichman made it clear that a sub-DBX utility vehicle isn’t under consideration. The two options that are more likely to happen are a coupe-styled variant like the BMW X6 and a seven-seat layout like the BMX X7.
Previously the head of AMG, the man in charge of Aston Martin Lagonda isn’t completely sure if the 5.2-liter twin-turbo V12 engine utilized in the DBS Superleggera will meet Euro 7 emissions regulations. The final nail in the coffin for polluting vehicles is expected to be enforced from 2025.
Of course, Moers won’t sit on the sideline. In addition to hybrid and plug-in hybrid vehicles with Mercedes technology, Aston Martin is set to launch its first-ever electric vehicle in 2025. When Andy Palmer was running the show, Lagonda was touted as the EV brand of the British automaker.
According to the Financial Times, head honcho Tobias Moers intends to improve the financial situation of the company with 10 derivatives of existing models. These cars and SUVs are to be launched over the next two years, and Moers let it slip that two derivatives of the DBX are in the works.
Speaking to Go Auto at the beginning of the year, chief creative officer Marek Reichman made it clear that a sub-DBX utility vehicle isn’t under consideration. The two options that are more likely to happen are a coupe-styled variant like the BMW X6 and a seven-seat layout like the BMX X7.
Previously the head of AMG, the man in charge of Aston Martin Lagonda isn’t completely sure if the 5.2-liter twin-turbo V12 engine utilized in the DBS Superleggera will meet Euro 7 emissions regulations. The final nail in the coffin for polluting vehicles is expected to be enforced from 2025.
Of course, Moers won’t sit on the sideline. In addition to hybrid and plug-in hybrid vehicles with Mercedes technology, Aston Martin is set to launch its first-ever electric vehicle in 2025. When Andy Palmer was running the show, Lagonda was touted as the EV brand of the British automaker.