Aston Martin revives DB4 GT at $1.9 million each

Aston Martin DB4 GT will be revived in 2017.
Updated 01 January 2017
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Aston Martin revives DB4 GT at $1.9 million each

LONDON; One of Aston Martin’s most iconic models – the DB4 G.T. — is to be celebrated with a special series of 25 track-only continuation cars built to lightweight specification by Aston Martin Works at Newport Pagnell.
The modern versions will be based on the original “lightweight” specification version of the DB4 GT, of which Aston made only eight. They will cost $1.9 million each.
Customers can order them directly from the factory and have them delivered by the end of 2017
Launched in 1959, the DB4 G.T. was celebrated as one of the rarest and most revered of all Aston Martins.
Evolved from the production DB4 and introduced in the same year Aston Martin scored its historic outright win in the Le Mans 24 Hours, the DB4 G.T. was a true supercar of its day.
Shorter, lighter, sleeker and with a more powerful version of the legendary 3.7-liter straight-six engine, not only was the DB4 G.T.
Britain’s fastest passenger sports car, it was a born winner, scoring a debut race victory at Silverstone in the hands of Sir Stirling Moss.
A total of 75 DB4 GTs were built between 1959 and 1963.
Of these only eight were lightweight models, most of which survive today, and values now comfortably exceed $3.75 million.


Price cuts drive sales of Saudi-owned electric car

Updated 09 July 2024
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Price cuts drive sales of Saudi-owned electric car

  • Lucid delivers more vehicles than expected as it prepares to launch luxury new Gravity SUV

RIYADH: The majority Saudi-owned electric car maker Lucid delivered more vehicles than expected in the past three months as price cuts helped boost demand.
The company delivered 2,394 cars from April to June 30, above analysts’ predictions of 1,940.

Lucid produced 3,838 vehicles in the first six months of 2024 and needs to make more than 5,162 cars by end of the year to meet its annual output forecast of 9,000. It made 8,428 cars in 2023.
“I think at this point everything is shaping for them to achieve that,” said Andres Sheppard, senior equity analyst at Cantor Fitzgerald. Lucid will produce and deliver more cars in the second half of the year because of the usual seasonal effects on the industry, he said.

Demand for electric vehicles has grown more slowly than expected pace in the past year, under pressure from high borrowing costs, economic uncertainties and consumer preference for hybrid alternatives.
Lucid and the market leader Tesla have responded by slashing prices and offering incentives such as cheaper financing options. Lucid, which is 60-per-cent owned by the Public Investment Fund, the Kingdom’s sovereign wealth fund, cut the price of its flagship Air model by 10 percent in February.
Its new Gravity SUV model, a rival for Tesla's Model X, goes into production this year and will cost about $80,000.