Aston Martin is one of the few remaining super luxury brands without an SUV in their lineup, alongside Ferrari. Nevertheless, things are about to change for Aston Martin as the British company will launch its first-ever crossover next year, the DBX.
Interestingly, Aston Martin said the DBX would be powered by the same twin-turbocharged 4.0-liter V8 engine as the Vantage and DB11 V8, rather than a V12. The eight-cylinder power plant is supplied by Daimler and produces 503 hp (510 PS). Ford ships V12 engines to Aston Martin in an agreement that expires in 2021, leaving question marks over the 12-cylinder unit’s future use.
The reference to the V8 engine can be found in Aston Martin Lagonda’s share prospectus seen by Automotive News. The document targets potential investors ahead of the brand’s initial public offering this week on the London stock market. The booklet contains some sales projections as well and, understandably, Aston Martin has high expectations for the new model.
The company predicts the DBX will become its best-selling vehicle, with sales expected to reach 3,850 units a year. At the same time, Aston Martin forecasts the Vantage sports car will see 3,250 yearly sales.
To increase sales, the carmaker plans to expand its dealer network from 160 outlets now to 200 in the medium term. The company is also confident the DBX will appeal to new customers, including women.
Aston Martin expects the crossover to drive sales beyond 10,000 a year by 2021, almost double compared to 2017’s total sales. The DBX will enter production in early 2020 at a new plant in St. Athan, Wales, and will compete with other super luxury SUVs including the Bentley Bentayga, Lamborghini Urus and the upcoming Ferrari Purosangue.
Note: Aston Martin DBX Concept pictured