/Aston Martin CFO Promises All-New Architecture

Aston Martin CFO Promises All-New Architecture

Aston Martin All New Architecture 600x450 at Aston Martin CFO Promises All New Architecture

Aston Martin has released its full year financial results for 2013, which is not something we’d normally be interested in. But there are some pieces of information in this report that grabs the attention of every car guy, as it has to do with the future of the brand and new products. Apparently, Aston is working on an all-new architecture, technologies and engines, under the guidance of its new partner/owner Daimler.

At least that’s what Aston Martin Chief Financial Officer, Hanno Kirner says: “We are engineering a completely new architecture and technologies to ensure that our next generation of sports cars is at the forefront of design, performance and technology. The strategic partnership with Daimler AG will bring with it cutting edge electrical and electronic expertise, and the shared development of world?class bespoke V8 powertrains.”

In order to replace the aging VH platform and the even older V12 and V8 engines that power Aston’s range right now, the firm is about to facilitate the biggest investment program in its history. The good news is, with the success of Vanquish Coupe and the launch of Vanquish Volante and V12 Vantage S models, the company is in a position to think of major expansion.

In 2013, Aston’s revenue has increased 13 per cent to £519m and full year adjusted EBITDA up 22 per cent to £84.8m. We have no idea what all that means, but we do understand this: their retail volumes has increased 11 per cent, which is good.

(Founder / Chief Editor / Journalist) – Arman is the original founder of Motorward.com, which he kept until August 2009. Currently Arman is our chief editor and is held responsible for a large part of the news we publish.