Report – Aston Martin could build its crossover in the US image

According to an interview the British premium sports car manufacturer’s chief executive officer gave for Automotive News, Aston Martin is considering whether to produce its vehicles at a new factory, most likely in the United States.

The company, one of the last independent ultra-luxury brands, will decided on the matter most likely before 2016 starts, with chief executive officer Andy Palmer telling the industry publication that its upcoming DBX crossover would meet the necessary criterion for US production. The crossover sport utility vehicle is expected to reach the market around 2019 and a decision is yet to be made on its upcoming production location, though Palmer believes the US state of Alabama is the “obvious choice” for a new facility. Aston Martin’s main shareholders are private-equity groups, Investment Dar of Kuwait and Italy’s Investindustrial, but the company has also given 5 percent of its holding to German automaker Daimler Ag in exchange for access to its technology, including engines produced by the Mercedes-AMG performance brand. The automaker also has a Mercedes-Benz assembly plant in Alabama, where it builds most of its sport utility vehicles.

Back in March the British brand showcased the concept of the DBX crossover, unveiling its strategy to include for the first time an SUV into its sporty-oriented lineup, saying the automaker would profit fully from its tie-up with Daimler for the model. Palmer added the decision on where to build the DBX will hinge on the regions it has the largest sales – including the US and China.

Via Reuters