Aston Martin Confirmed The Crossover, the DBX

Thursday, October 18th, 2018 - Aston Martin, News 2015

Aston Martin DBX  Photo

Aston Martin Confirmed The Crossover, the DBXLamborghini, Rolls-Royce, Mercedes-Maybach, Bentley and others: the office of the ultra-luxury SUV has simply become rampant. And today sees the arrival of a new member to its ranks: the Aston Martin. The House of Gaydon, with a press release as soon branched, has confirmed the green light for his crossover, to be born inspired by DBX concept unveiled at Geneva two months ago.

A new issue of preference shares. To determine the turning point, finding fresh capital for 200 million pounds (about 275 million euro at current exchange rates), which correspond to an issue of preference shares: the first tranche, worth 100 million, was delivered yesterday, while the second – already fully subscribed – will be “over the next twelve months,” according to the announcement.

“By the end of the decade.” Andy Palmer, CEO of the brand, said in this regard: “This new funding will allow us to grow in the luxury segment and introduce a new line of models by the end of this decade. The DBX concept has aroused interest beyond our expectations , and the new investment will enable us to achieve it, along with other new proposals with which we will build the strongest range of our history. “

The results 2014. The brand has made the announcement in conjunction with the dissemination of the results of the past year: in 2014 the turnover of the House has grown to 468 million pounds, and the adjusted EBITDA reached 66 million. In the same period, investment product increased by 45%. To 2015 (when it will begin deliveries of the limited series Vantage GT12 and Vulcan), the House expects demand still high.

Aston Martin Confirmed The Crossover, the DBX Pictures

Aston Martin Confirmed The Crossover, the DBX | | 4.5

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