2019 Aston Martin DBX SUV and new platforms given green light for production
Aston Martin today announced that a £200 million investment would be used to ensure the Aston Martin DBX SUV enters production and is available for sale by 2019. In addition to the DBX SUV, Aston Martin also plans to introduce several new model lines during the same period.
The funding injection comes in the form of £200 million of preference shares.
The DBX concept, has generated interest far beyond our expectations. The additional investment announced today will allow us to realise the DBX and other new luxury vehicles that will form the strongest and most diverse portfolio in our history.”
The new luxury vehicles mentioned r are expected to in fact be two new platforms — one dedicated to Aston Martin’s sports cars, while the other will focus on its ‘less’ sporty cars such as the DBX SUV.
A long-wheel base luxury sedan similar to the Lagonda Taraf is expected to be part of the funding spend. The vehicle is likely to be engineered and skewed toward the Chinese market, which is an important segment for the British manufacturer 2019 Aston Martin DBX SUV and new platforms given green light for production