Latest news with #AstonMartinLagonda
Bloomberg
30-07-2025
- Automotive
- Bloomberg
Aston Martin Stake Sale Set to Value F1 Team at £2.4 Billion
The Aston Martin Formula One team will be valued at roughly £2.4 billion ($3.2 billion) in its latest stake sale, as demand to invest in the sport shows no sign of slowing. Aston Martin Lagonda Global Holdings Plc, the listed carmaker, has agreed to sell its minority stake in the racing team for £110 million, it said Wednesday. A binding letter of intent has been signed with a buyer at a £2.4 billion valuation, Chief Executive Officer Adrian Hallmark said in an interview. He declined to name the buyer, saying the deal had yet to complete.
Sky News
30-07-2025
- Automotive
- Sky News
Trade war: Aston Martin outlines plan to beat US tariff hit as profits sink
Why you can trust Sky News Aston Martin Lagonda has revealed a plan to bring forward production at the beginning of next year as it looks to swerve a worse hit from US trade tariffs. The UK luxury carmaker said it was lobbying the UK government to improve the terms of its trade deal with Donald Trump. The company explained that, as things stand, it would have to ship more cars earlier than planned next year if it was to ease the threat to its sales and bottom line posed by the quota element of the agreement. Auto manufacturers had initially faced down a tariff above 25% from April. Since 30 June, that US import duty rate fell to 10% but it only applies to the first 100,000 UK-made cars which enter the US on an annual basis. Aston said on Wednesday that the tariff chaos, coupled with weaker demand in China, meant adjusted operating profits for the year would roughly break even. 2:49 It had previously forecast a positive result. The company, best-known for its models' starring role in the majority of James Bond movies, issued the annual profit warning followed a temporary halt to US exports amid the tariff chaos. It resumed shipments last month. The United States and China account for its top two export markets. It has not been alone in issuing a warning to investors over the anticipated pressures on sales. Aston Martin boss Adrian Hallmark described demand in China, where consumers are feeling the pinch, as "stagnant" in a call with analysts. "The evolving and disruptive US tariff situation was unhelpful to our operations in Q2," he said. Aston said it was reviewing its supply chain to reduce possible negative impacts such as disruption to demand and distribution. It reported a 25% plunge in revenue to £454.4m in the six months to 30 June compared to the same period last year. Its core profit measure was in the red to the tune of £121.5m. That was 22% up on a £99.8m loss. Mr Hallmark said the financial performance also reflected fewer planned deliveries of its Specials models. The company is preparing for the first customer deliveries of Valhalla, its first mid-engine plug-in hybrid electric supercar. That is expected in the final quarter of the year.
Car and Driver
23-07-2025
- Automotive
- Car and Driver
View Exterior Photos of the 2026 Aston Martin Vanquish Volante
Read the full review | See Interior Photos Aston Martin's grandest grand tourer, the Vanquish, debuted in coupe form last year and is now also available as a convertible, the Volante.
Car and Driver
09-07-2025
- Automotive
- Car and Driver
View Photos of the 2026 Aston Martin Vantage S
The 2026 Aston Martin Vantage lineup is welcoming an old friend. That's right, the Vantage S is back for 2026, and it's got more power than ever, even if it is down a couple of cylinders from the previous generation. Read the Full Story
The Irish Sun
12-05-2025
- Automotive
- The Irish Sun
I own Britain's BIGGEST car collection worth £40m – I've a one-off Bentley but my most-special treasure is different
THE MAN with Britain's biggest car collection worth £40million has revealed his most treasured item. 6 Car enthusiast Rodger Dudding has amassed the biggest collection of classic cars in Britain worth an estimated £40 million Credit: Barcroft Media 6 Of the several Aston Martins in Rodger's garage is a mini motorised one Credit: Barcroft Media 6 He also collects old motorcycles, with the only bike badged as a Bentley Credit: Barcroft Media The car enthusiast and business magnate started collecting vehicles around 60 years ago, which are all now housed in his £7m garage. Nicknamed " This includes the first and last examples of the rare model from the British car manufacturer. Aston Martin only built 645 of their Lagondas, meaning Rodger owns 3.7% of their total production. Read More Motors News He said: "The Aston Martin Lagonda, you love them or you hate them. "You probably have to be nutty to own one, and you should be taken to the lunatic asylum if you've got three or more. "I don't know where that positions me." On top of that, the Tickford edition included in his Lagonda collection is complete with a boomerang TV aerial in the boot, being just one of four made in 1984. Most read in Motors But for Rodger, the most precious in the collection is his This is the automobile that started Rodger's love for cars and collecting, bought by his father in 1955. He said: "It is totally and absolutely an original. "I can look upon a motorcar in many cases as a piece of three dimensional art. "It doesn't have to be an expensive motorcar. "It could be very small motorcar." "And as an art collector of major specialist brands I thought there was a gap there and people were not necessarily saving for posterity, for history, and that's why I buy unusual pieces of machinery." Other notable vehicles in his collection are a 1984 Ford Capri, an early Honda NSX from 1992, a Taxi, Jaguar XJ220 and Jaguar XJ fire tender. The 2002 London Taxi Company TXII that Rodger owns is a unique addition to the collection, which was also one of the first of its breed. A 1968 Jensen Interceptor FF is also a special addition, being the first car Rodger purchased to start his collection of the UK's largest private collection of classic, vintage and modern vehicles. A few Interceptors are kept at Studio434, but this one is a convertible making it real rarity. Just 267 convertibles were made between 1974 and 1976 as Jensen went bankrupt, and Rodger's is one of the earliest examples. He also owns more than two dozen Jaguars, but the XJ220 is particularly special because it is one of just 274 made between 1992 and 1994, having a top speed of 213mph and able to do 0-60mph in just 3.6 seconds. The XJR is also special addition which was built in 1995 to act as the fire tender at Donington Park racecar track. 6 Rodger also keeps some of the cars that he regularly uses at Potters Bar Credit: Barcroft Media 6 He is still adding to his ever expanding fleet of iconic cars Credit: Barcroft Media 6 Rodger stands in front of a parody car based off the iconic car in TV show Only Fools and Horses Credit: Barcroft Media
