Auction set for Sean Connery’s Aston Martin DB5, sans ejector seat

There’s no ejector seat, oil slick maker or machine gun, but the 1964 Aston Martin DB5 that Sean Connery bought for himself more than a half-century after driving one as James Bond in Goldfinger is up for sale.
The actor bought the DB5 at the suggestion of his children in 2018, two years before he died at age 90. It’s the only one he ever personally owned, and auction company Broad Arrow Group expects it to sell for $1.4 million to $1.8 million.
“Dad used to talk about owning his own DB5, for no other reason than he loved the car,” son Jason Connery said in a statement from Broad Arrow. “He did tell me that driving the movie cars, all laden down with the gadgets, especially the machine guns in the front, made the car really front heavy and turning at slow speed was a Herculean task, so driving without gadgets was a joy! He loved how well balanced it was. Dad also said he would have kept the ejector seat. I didn’t ask who for.”

After a yearlong search, Sean Connery found a black 1964 DB5 in near-perfect condition. The car still has little evidence of being sat in beyond some creases in the seat leather, according to Barney Ruprecht, an Aston Martin specialist with Broad Arrow who helped Connery locate it. Connery had the vehicle painted Snow Shadow Gray to match the Bond car in Goldfinger.
Connery kept the car at his home in Switzerland and had a photo of it on his desk.
“Unfortunately as he got older, traveling, especially to Europe [became difficult], and then COVID hit,” Jason Connery told CNN. “You know, unfortunately, he never really got to enjoy the car that he’d bought.”
The car will be part of Broad Arrow’s August auction in Monterey, Calif., with most of the proceeds going to the Sean Connery Philanthropy Fund.

Source: autonewscom

Girard-Perregaux Reveals Limited Run Aston Martin F1 Watch

The Laureato Absolute Chronograph Aston Martin F1 Edition is Girard-Perregauxs first watch to use a titanium-carbon fibre blended case and is limited to just 306 units.

Tech News

Swiss watchmaker Girard-Perregaux has teamed up with Aston Martin F1 to release a limited run watch. Called the Girard-Perregaux Laureato Absolute Chronograph Aston Martin F1 Edition, the watch is limited to just 306 units with each costing $ 27,800 or about ₹ 21.62 lakh in its Indian equivalent before accounting for any taxes. The timepiece is Girard-Perregaux’s third Aston Martin co-developed watch alongside the $ 20,000 Laureato Chronograph Aston Martin Edition and the eye-watering $ 160,000 Tourbillon with Three Flying Bridges Aston Martin Edition. Girard-Perregaux is the official watch partner for Aston Martin F1 since 2021.

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Limited run watch uses carbon fibre from the 2021 Aston Martin F1 car in the casing and band.

The Laureato Absolute Chronograph Aston Martin F1 Edition also marks some firsts for the Swiss watchmaker including the use of new composite material for the 44-millimetre case and the watch strap. Girard-Perregaux blended titanium powder with pieces of carbon fibre from Aston’s 2021 season F1 cars (pieces taken from two 2021 F1 cars) and a green-tinted resin to create the case. The watch face itself is finished in Aston Martin’s racing green with a lime green-like finish to the second hand and the 9 o’clock chronograph needle. Additionally, the company claims that the openings in the watch hands mimic the air intake from the race car.

The strap blends carbon fibre with synthetic rubber with a titanium clasp.

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Another first for the company is the use of a sapphire crystal pane on the back casing of a Laureato Absolute Chronograph letting people view the automatic watch’s movements. The watch comes with a power reserve of up to 46 hours.
 

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Source: NDTV.com

Listen To The Sublime Sound Of The New Aston Martin V12 Vantage

In addition to trimming fat, Aston tightened the Vantage’s body with new anti-roll bars, updated springs and dampers, and revised bushings. The changes give the V12 Vantage 50 percent stiffer springs up front and 40 percent stiffer springs in the back compared to its V8-powered counterpart.Though we’re talking about the end of the V12 Vantage, we’re not talking about the end of the V12. The Ferrari Purosangue SUV will get a dozen cylinders, and Lamborghini will offer a hybrid V12 in the upcoming Aventador successor. Rolls-Royce offers V12s as well, though the days of gasoline are numbered for the storied British automaker, as it plans to go all-electric by 2030.
Source: carbuzz.com

This Watch Is Made From Authentic Aston Martin F1 Car Parts

The strap is another world-first. The GP Rubber Alloy finished in Aston Martin Green uses carbon elements from the two donor cars. Creating this pioneering composition is highly technical and requires specialized equipment. Girard-Perregaux had to research the process extensively to prove that the various elements were, in fact, compatible.”From the outset, working with Aston Martin has been a joy. We have collaborated on various projects, resulting in the production of two very different watches,” said Patrick Pruniaux, Girard-Perregaux’s CEO. “Working together has led to some innovative and interesting ideas, culminating in creating new exciting products. However, with this latest watch, we sought to work closely with the F1 side of the brand, focusing more on the idea of performance.”
Source: carbuzz.com

The First World’s Most Powerful SUV Leaves The Production Line

Inside the St. Athan facility, more than 100 technicians took this DBX707 from start to finish by hand. In the grand scheme of automotive production, that’s a staggeringly small number of people. Then again, given how many cars Aston makes in a year, the figure seems pretty spot-on. Many of those sales will be for DBXs like this one. Last year, Aston sold 4,250 cars, and the DBX accounted for more than half of them.Michael Straughan, COO of Aston Martin, said: “Aston Martin is immensely proud to be manufacturing industry-leading products like DBX707 from a world-class facility in Wales, and we are delighted to see the very first model completed.” We’d think so too, given the current leadership circumstance at Aston. Now ex-CEO Tobias Moers has stepped down, replaced by ex-Ferrari exec, Amedeo Felisa.
Source: carbuzz.com

Aston Martin Is In Huge Financial Trouble

The embattled automaker has reported an operating loss every year bar two since 2010. Worse still, its stock price has collapsed by 90% since its initial product offering (IPO) in 2018, and its market value has dropped from around $5.3 billion to around just $1.3 billion. That’s just $100 million off its net debt, which means the company could soon owe more than it’s worth. So how did we get here?Well, there are a number of factors. The DBX SUV hasn’t been the cash cow it was expected to be, with the facility that produces it capable of building 5,000 SUVs per annum but the brand only delivering around 3,000 worldwide in 2021. The Valkyrie has faced endless development challenges and even broke down twice during its Goodwood debut. Then the Valhalla was extensively redesigned, costing yet more money. We could go on and on, but with the recent confirmation that Audi is interested in taking ownership of the F1 team, there could still be a way for Aston to get its head above water.
Source: carbuzz.com

Aston Martin’s Leadership Change Will Mean Good Things

“Going forward, we want to have almost complete capability to do what we want in-house,” said Stroll. “Amedeo Felisa and Roberto Fedeli have a great deal of experience in electrification, working on the first electrified Ferrari and then in Amedeo’s case joining [an] EV technology company as CEO and in Roberto’s case going to BMW to develop its first electric cars. I don’t think anyone is more respected in the field of electrification.”Stroll’s confidence in these men is well placed, and as the brand aims to put its own spin on electrified vehicles, their knowledge will be crucial. Fortunately, they’re not alone in the task and Aston Martin still has access to Mercedes-AMG’s high-performance EV platform from next year.
Source: carbuzz.com

Aston Martin F1 Boss Confirms Audi Interest

Aston Martin chairman Lawrence Stroll responded to a question from Bank of America on a conference call with some of the brand’s investors as follows: “Have we been approached by Audi? Yes. Are we very happy with our collaboration with Mercedes? Yes. The world of Formula 1 is full of these stories.”Stroll and his new leadership team will have to think very carefully about their prospects of success in the future, as the British automaker says it intends to start developing its own powertrains for electric road cars but has access to Mercedes-AMG’s new platform for next year. In addition, Mercedes has a stunning track record in F1, so losing access to its power units may be a backward move.That being said, Aston Martin’s financial woes over the past few years have been well documented and its recent earnings report showed that it is close to £1 billion (around $1.2 billion at the time of writing) in debt.
Source: carbuzz.com

OFFICIAL: Aston Martin CEO Quits, Former Ferrari Man Takes His Place

CEO of Aston Martin, Tobias Moers, has left the British automaker. According to unconfirmed reports last night, Moers had some “strategic differences” with Lawrence Stroll, one of the major sources of financial backing within the company and whose son races for the brand’s Formula 1 team. Moers was previously the head of Mercedes’ AMG division, responsible for cars like the SLS AMG and others.Aston Martin released an official statement on the matter this morning, confirming that former Ferrari executive Amedeo Felisa is replacing Tobias Moers:”Amedeo will focus on delivering the Company’s continued strategic objectives, financial targets and roadmap towards electrification. To meet these goals, Amedeo is to implement and lead a new organizational structure with a focus on broadening the technical team through the promotion of internal talent together with added expertise of strategic external hires, identified and set to be announced in the coming weeks.”Since assuming control of the iconic British luxury automaker in May 2020, Moers has overseen vehicles like the Aston Martin DBX707 and Valkyrie. At one point, he was seen as a stabilizing force in what was otherwise an incredibly volatile time for the brand. It appears those times have not ended.
Source: carbuzz.com

Aston Martin replaces CEO Tobias Moers with ex-Ferrari boss Amedeo Felisa

Aston Martin has hired former Ferrari boss Amedeo Felisa as CEO and ex-Ferrari engineer Roberto Fedeli as chief technical officer.
Felisa replaces Tobias Moers as CEO. Moers will leave the automaker’s board with immediate effect but will support the new leadership team until the end of July, Aston Martin said in a statement on Wednesday.

Felisa, 76, was Ferrari CEO from 2008 to 2016. He ran product development at Fiat Chrysler’s Alfa Romeo division before joining Ferrari. Felisa is currently a non-executive director of Aston Martin. 
Aston Martin said Fedeli will start as CTO on July 1. The Italian national was Ferrari’s technical director from 2006 to 2014. Fedeli is considered the creator of the La Ferrari, the Italian company’s first hybrid supercar, as well as some of its most iconic models, Aston Martin said.
Fedeli also worked for BMW, where he launched the i8 plug-in hybrid roadster into production. He returned to Italy in 2016 as CTO for Alfa Romeo and Maserati.
‘Collapsing morale’
Moers is leaving Aston Martin after presiding over a collapse in morale at the automaker because of his “robust management style,” the Financial Times said.
The former head of the Mercedes-AMG performance division was hired as Aston Martin’s CEO in 2020 by its billionaire chairman, Lawrence Stroll, who led a bailout of Aston Martin and wants the company to be more like Ferrari with more customized car orders.

Stroll told Reuters that Moers had stabilized the company when it “needed immediate manufacturing, operation attention,” but now Aston Martin needed a CEO to “focus on the bigger picture.”
“Nobody knows how to make ultra-luxury performance cars better than Amedeo,” Stroll said. “He saw the movie, he wrote the script.”
Aston Martin has been struggling financially since a disappointing IPO in 2018. It has been battling setbacks in its turnaround plan with a slower-than-expected ramp-up of the Valkyrie supercar.
The automaker on Wednesday reported a pretax loss of 111.6 million pounds ($139.15 million) for the first quarter, compared with a loss of 42.2 million pounds a year earlier. Wholesale vehicle shipments fell 14 percent in the quarter.
Aston Martin said orders for the DBX SUV rose about 60 percent in the three months through March. The company delivered 14 Valkyries in the period, compared to its full-year target of as many as 90.
New organizational structure
Aston Martin said Felisa will focus on delivering the company’s continued strategic objectives, financial targets and roadmap toward electrification.
He will implement and lead a new organizational structure with a focus on broadening the technical team through the promotion of internal talent, together with strategic external hires to be announced in the coming weeks, the automaker said.
Aston Martin plans to have hybrid variants of all its models in the next two years, with the first fully electric cars by 2025.
The latest appointments come just months after Chief Financial Officer Kenneth Gregor left the automaker. Aston Martin in January named Doug Lafferty from fuel retailer Vivo Energy as its new CFO.
Jefferies analyst Philippe Houchois wrote in a client note that the new CFO and the appointment of Felisa “will hopefully help stabilize management across the company.”
Felisa and Fedeli have been working with U.S.-Chinese startup Silk-FAW, which plans to build high performance electric cars in Italy and China. It is not clear if they are keeping their roles with Silk-FAW.
Reuters and Bloomberg contributed to this report

Source: autonewscom