Aston Martin plans to expand its hypercar lineup with a coupe code-named the 003. Sales of the 003 will be limited to 500 units and its price is expected to be below that of its sister model, the Valkyrie, which cost $2.6 million when it launched last year.
Aston Martin CEO Andy Palmer says he intends to float the company by the end of the year, completing a turnaround after new models and a sales surge helped the brand to return to profitability following chronic losses.
Aston Martin designed and engineered a futuristic personal aircraft it has dubbed "a sports car for the skies." The exotic automaker believes the three-seat, hybrid-electric concept, unfurled at England's Farnborough Airshow, could one day help to revolutionize travel.