Mercedes increases Aston Martin shares
Mercedes-Benz has announced that it will significantly increase its stake in the struggling British manufacturer Aston Martin Lagonda from what is currently 2.6 per cent to a maximum of 20 per cent. In return, the British company is to receive hybrid and electric drive trains from Mercedes.
Aston Martin postpones electrification plans
The financially stricken sports car manufacturer Aston Martin has begun postponing their plans for electric cars. Although the British company has a new investor, it will first invest the existing budget in combustion engine models and the new SUV DBX.
Is Aston Martin cancelling Rapide E production?
In April 2019, Aston Martin presented its first electric model, the Rapide E, which was to be built in a limited edition of 155 units. Now a British magazine reports that not even these few electric cars will see the light of day.
Lagonda presents “All-Terrain” e-SUV concept
Aston Martin’s electric car outlet Lagonda has brought a preview of its first production model to Geneva. The “All-Terrain Concept” will be produced at the new St. Athan plant in Wales from 2022. Unfortunately, the manufacturer has not yet revealed any technical details in its otherwise imaginative description.
Aston Martin teases first Lagonda EV
Following the recent decision to turn Lagonda into a fully developed EV brand, Aston Martin now has officially declared their first vehicle model to be an electric luxury SUV, based on the Lagonda Vision Concept from Geneva. The first teaser was also subsequently released.
Aston Martins electric brand Lagonda to debut with SUV
Aston Martin are to turn their Lagonda label into a pure EV brand reportedly and now revealed some details regarding their first model. It will built on their Vision concept, first presented in Geneva earlier this year, and is an electric SUV set to debut in 2021.