There are some surprises contained within the annual report of Aston Martin Lagonda, released earlier on 28 February.
Highlights of the adjustments to future model launch timelines, as well as official news of a project code (AM9) are as follows:
- Lagonda brand’s first model will be the ‘Ultra-luxury EV SUV’, with this model due out in 2021
- Lagonda ‘Ultra-luxury EV Sedan’ follows in 2022
- Aston Martin Vantage manual transmission version as well as a roadster confirmed (no market release dates quoted)
- Aston Martin DBS Superleggera Volante confirmed but no release date as yet
- Aston Martin DBX crossover series production will not be this year but instead, the second quarter of 2020
- Aston Martin ‘AM9’ mid-engined supercar confirmed for 2021 (some believe the Vanquish name will be used)
- Aston Martin ‘003’ hypercar, rumoured to be called ‘Valhalla’, confirmed as on track for 2021
AML believes it should be able to deliver between 7,100 and 7,300 vehicles in CY2019. It also notes that the board has approved up to GBP30m of ‘advanced working capital and/or operating expenses’ to deal with the issue of the UK’s proposed departure from the European Union. So far, GBP2m has been spent on ‘revised supply chain routes’.
The company’s annual report may be viewed here.