Aston Martin announces the development of next-generation VH platform

Article by Andrew Christian, on April 29, 2014

It appears that Aston Martin has a marvelous year as the British manufacturer reported a gross profit in 2013 of 167.1 million pounds. Still, the operating was just 1.5 million pounds. According to the press release, the revenue increased by 13 percent thanks to the successful Vanquish Coupe and the launch of the Vanquish Volante as well as the V12 Vantage S models in Q4.

What’s more interesting is that Aston Martin also announced the development of a completely new VH platform that will be used by its next-generation sports cars. For those who don’t know, Aston Martin also announced a partnership with Daimler AG that will bring cutting edge electrical and electronic expertise.

Daimler will also deliver bespoke V8 powertrains. Aston Martin says that this will be the biggest investment programme in its 101-year history as it prepares the ground for new products in the future. Aston Martin also expanded its dealer network as it opened new showrooms in Mexico and Thailand.

“Our strong ownership structure and strategic partnership with Daimler AG, finalised in December 2013, provides us with a solid foundation for the unprecedented investment programme that will underpin our future growth.” said Aston Martin Chief Financial Officer, Hanno Kirner. [source: Aston Martin]

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