about a retro sports car, and then today I spot this,
photographs Top Gear, the new Aston Martin Vantage, so what is new about it?
how about 656 Break Horsepower!
Aston’s decided every car it makes should be the most
powerful in its class, so it’s had a good look at the new Mercedes-AMG GT (577bhp), Ferrari
Roma (612bhp) and Porsche
911 Turbo S (641bhp), and decide to up the stakes and increase the 4.0-litre
twin-turbo AMG V8 up by over 150bhp besides
bigger turbos, 50 per cent more cooling and new camshafts, Aston has signed a
new agreement with its German engine supplier that allows it much more tweaking
over what AMG ships over in a crate,
0-60? 3.4 seconds, top speed 202mph. Options include all of
the carbon fibre in the known universe, ceramic brakes which save 27kg in unspring weight, and forged wheels. Select all the weight-saving bits like
bucket seats and you’ll trim the overall weight down to around 1,700kg – this
isn’t a light car, but it is now one that’s extremely powerful, so now the decision, a Wami Lalique Spyder, that I featured yesterday at €445,000 (starting price) at todays rate £379,844.63 or $479,487.06, or buy 2 of the new Aston Martins at £160,000 each, at todays rate $202,267.20 or €187,928.00, the full article is here, lots of big numbers but here is a thing I do not understand, if a small business goes over its overdraft, the bank close the business down or lends it money, within a time frame that it can pay back, but here is Aston owing a staggering, in near-term liabilities amounting to roughly £1.1 billion! talks
are set to focus on a $1.1 billion bond that’s maturing in November next year,
with 10.5% coupon puts the company on the hook for payments of $120 million
annually, the company has a revolving credit facility of £79 million that’s due
next year and a $121 million note to be repaid in 2026, data compiled by
Bloomberg shows, crikey even at £160,000 each they have got to sell a huge number of cars, soon! financial story here.
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