Aston Martin has chosen to invest in Wales (part of the UK) for its second manufacturing plant which will produce a crossover based on the ‘DBX’. The company has been evaluating possible sites around the world and there had been speculation that it would choose a site in the US.
It is anticipated that up to 1,000 new jobs will be created across St Athan and Gaydon between now and 2020. Across the supply chain and local businesses, a further 3,000 jobs will likely be created as a direct result of these investments.
St Athan will be the sole production facility for a new Aston Martin crossover vehicle. A concept crossover vehicle named ‘DBX’ was first shown in early 2015 and showed the company’s intention and direction for this fast-growing segment of the luxury market. With growing demand for these types of vehicles in markets such as China and the United States, it is expected that over 90% of the production from St Athan will be exported outside of the UK.
Occupying some 90 acres, the new Aston Martin facility at St Athan will re-purpose some of the facilities currently in use at the site by the Ministry of Defence. Centered on the transformation of the three existing ‘super-hangers’ at MOD St Athan, construction work is planned to commence in 2017 with full vehicle production commencing in 2020.
Aston Martin will commence production in the autumn at Gaydon of the new DB11, the replacement for the iconic DB9 and the first car to be launched under the company’s Second Century plan. Over the course of the next five years, the company says it will “both replace and expand its entire sports car portfolio”. Starting with DB11, sports car manufacturing will be centered at Gaydon with the facility progressively expanding production to a planned maximum volume of 7,000 sports cars a year by 2020.
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By GlobalData