Aston Martin – Page 156 – I wish I had more to offer

Aston Martin DB11 recalled due to Daimler steering column issue

Aston Martin is recalling 3973 DB11s in order to fix a potential issue with their steering column upper that could cause unintended firing of the airbag. The affected part, a clock spring in the steering column that can break, is supplied by Daimler thanks to the company’s tech tie-up with Aston Martin. If the spring… Continue reading Aston Martin DB11 recalled due to Daimler steering column issue

Aston Martin hit by Daimler steering-column recall

PARIS (Reuters) – Aston Martin has become the latest carmaker to be caught up in a major recall of faulty Daimler (DAIGn.DE) steering-column components that can cause unintended airbag deployments. The British sports car maker is recalling all 3,873 DB11 coupes built since late 2015, when production of the flagship model began, sources with knowledge… Continue reading Aston Martin hit by Daimler steering-column recall

Welsh Government purchases three per cent stake in TVR

TVR has gained a minority shareholder in the form of the Welsh government, which now owns three per cent of the revived British sports car manufacturer. Accounts filed at Companies House last month revealed that the Welsh government has spent £500,000 on acquiring the three per cent stake in TVR, with the Welsh taxpayer providing… Continue reading Welsh Government purchases three per cent stake in TVR

Billions for Auto1: Berlin start-up in the world’s top – how Auto1 works

01/15/2018 Billions valuation for Auto1 “And then came grandma” By Claus Gorgs Kai Müller for manager magazin From zero to 2.9 billion: Hakan Koç (l.) And Christian Bertermann manage one of the most valuable start-ups worldwide The Berlin start-up has become Europe’s largest used car dealer in only five years. The investment by Softbank billionaire… Continue reading Billions for Auto1: Berlin start-up in the world’s top – how Auto1 works

Aston Martin boss has doubts on Dyson’s car project

Few automotive engineers know more about electric powertrains than Aston Martin CEO Andy Palmer. In his previous life as Nissan’s head of development, Palmer led the team that created the Leaf. His arrival at Gaydon has put Aston Martin on course for what will be a part-electric future, and he is politely sceptical about James Dyson’s plan… Continue reading Aston Martin boss has doubts on Dyson’s car project

Battery That Charges in One Minute Could Beat Tesla in the Race for Tomorrow’s Clean Car

In Brief A former chief designer for Aston Martin is working on a new solid-state battery design that could be vastly superior to the currently available lithium-ion batteries used in electric cars. Fast Charging Henrik Fisker, a former chief designer for Aston Martin, claims that he will soon revolutionize the world of electric cars with… Continue reading Battery That Charges in One Minute Could Beat Tesla in the Race for Tomorrow’s Clean Car

Aston Martin Seeks $6.8 Billion Value in Potential IPO

Aston Martin is targeting a valuation of as much as 5 billion pounds ($6.8 billion) in a potential initial public offering of the British sports car maker, according to people familiar with the matter. The manufacturer has held preliminary talks with advisers about a valuation including debt that would put it on par with Ferrari NV,… Continue reading Aston Martin Seeks $6.8 Billion Value in Potential IPO

Aston Martin delivers record sales growth in 2017

Group upgrades full-year profit guidance as retail volumes rise 58% to more than 5,100 Strong demand for DB11 model lifts retail sales 58% year-on-year Unit sales exceed 5,000 for first time since 2008 Manufacturing at a nine-year high Group expects to exceed full-year EBITDA guidance of at least £180 million on revenues of more than… Continue reading Aston Martin delivers record sales growth in 2017

This is going to be the world of the automobile and mobility in 2018

The study2025 Automotive 360º VisionIt is not a crystal ball, but it is a tool that anticipates tendencies of evolution in the automobile sector and mobility. This time we want to share with you some of our impressions for next year, while we take the opportunity to wish you a great 2018. Today we all… Continue reading This is going to be the world of the automobile and mobility in 2018

Aston Martin Lagonda completes Phase Two of new St Athan facility

Published: Jul 20, 2018

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Neil Allison

Aston Martin, the producer of highly desirable luxury handcrafted sports cars, today announced it has completed the second phase of its new car assembly plant at St Athan, in South Wales.

20 July 2018, St Athan, Wales: Aston Martin, the producer of highly desirable luxury handcrafted sports cars, today announced it has completed the second phase of its new car assembly plant at St Athan, in South Wales.
Aston Martin’s Board of Directors held their first meeting in St Athan to mark the completion of building work at the facility, which involves the conversion of three super hangars at the former Ministry of Defence site into a state-of-the-art vehicle assembly facility.
Directors and shareholder representatives of Aston Martin were briefed on the progress of the project, in which production of the company’s first sports utility vehicle (SUV) is due to begin in late 2019.
The St Athan plant is a demonstration of Aston Martin’s continued commitment to the UK and is set to bring up to 750 new employment opportunities to the South Wales region. Of the total workforce, 150 employees have been recruited as part of the pre-production preparations.
When the St Athan plant is complete, it will join Aston Martin’s Gaydon headquarters and Newport Pagnell site as centres of the highest quality of British craftmanship and engineering.
The fit-out of the super hangars, the third and final phase of the construction project, has already begun ahead of the inaugural production planned for next year as part of the company’s Second Century Plan.
Dr Andy Palmer, Aston Martin President and Chief Executive Officer, said: “We are delighted at the progress being made at the St Athan site. The team have done a fantastic job in advancing the facility and I was incredibly proud to chair our first Board meeting at the new plant. Wales has a long history of engineering excellence and the Board is delighted that it will play such an important part in Aston Martin’s development.”
Cabinet Secretary for Economy and Transport Ken Skates said: “I am delighted to see our partnership with Aston Martin, right in the heart of our Cardiff Airport and St Athan Enterprise Zone, coming to fruition.
“Progress to date continues to match the company’s aspiration for future growth and, when complete, the site will provide highly-skilled employment and world-class apprenticeship opportunities in the automotive sector for many generations to come. I wish them the same success with the next phase.”