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February 28, 2019

Aston Martin Lagonda future models update

There are some surprises contained within the annual report of Aston Martin Lagonda, released earlier on 28 February.

By Glenn Brooks

There are some surprises contained within the annual report of Aston Martin Lagonda, released earlier on 28 February. 

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What's next for the Automotive industry?

The theory of the peak car – particularly in the triad markets of the US, West Europe and Japan – and the need for sustainable transportation have driven the pivot to mobility in the automotive industry. Both of these drivers are motivating OEMs to change, while society at large is interested in sustainable transport.    GlobalData’s forward-looking report provides you with insights into the direction that the automotive industry is heading in the next few years. It covers: 
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  • CASE megatrends, and their relationship with COVID-19 
  • The way forward for autonomous vehicles 
  • Sustainability issues in automotive 
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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.

Free Report
img

What's next for the Automotive industry?

The theory of the peak car – particularly in the triad markets of the US, West Europe and Japan – and the need for sustainable transportation have driven the pivot to mobility in the automotive industry. Both of these drivers are motivating OEMs to change, while society at large is interested in sustainable transport.    GlobalData’s forward-looking report provides you with insights into the direction that the automotive industry is heading in the next few years. It covers: 
  • The forces transitioning automotive to mobility services 
  • CASE megatrends, and their relationship with COVID-19 
  • The way forward for autonomous vehicles 
  • Sustainability issues in automotive 
Examine the factors contributing to the future growth of different segments of the automotive industry.   Download the full report to align your strategies for success and get ahead of the competition.  
by GlobalData
Enter your details here to receive your free Report.

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