AS­TON MARTIN PINS RE­VIVAL HOPES ON £158k FAM­ILY SUV

Scottish Daily Mail - - City & Finance -

AS­TON Martin launches its £158,000 SUV to­day – hop­ing the ve­hi­cle will re­vive its for­tunes af­ter a dis­as­trous stock mar­ket float last year.

The 106-year-old car maker will un­veil the DBX, which it is aim­ing at fam­i­lies, at si­mul­ta­ne­ous events in China and the US. The car fea­tures ‘am­bi­ent light­ing’, am­ple room in the boot for golf clubs... and can go from zero to 62mph in 4.5 sec­onds.

Cus­tomers will be able to put in or­ders for the SUV – which has a top speed of 181mph – but they will not re­ceive it un­til the spring. As­ton will make the DBX at its St Athan fac­tory in South Wales. Com­mer­cial pro­duc­tion will start in the new year.

The com­pany be­hind James Bond’s favourite mar­que has flailed since it made its stock mar­ket de­but at 1900p per share last Oc­to­ber, which val­ued it at £4.3bn and has been widely con­demned as over­priced. It has lost more than three-quar­ters of its value since then.

Chief ex­ec­u­tive Andy Palmer said last night: ‘I can’t em­pha­sise enough how in­cred­i­bly ex­cit­ing and sig­nif­i­cant DBX is for As­ton Martin.’

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