VIDEO: Aston Martin Execs Try to Convince Everyone the Cygnet is not a Toyota...

Now that the Aston Martin Cygnet has officially received the green light (previous post here), the brand of James Bond has put together again CEO Dr. Ulrich Bez and design director Marek Reichman for the Cygnet PR video below.

The 4-passenger Cygnet, based on Toyota's iQ city car, is meant to provide Aston Martin owners something more practical for daily use within cities and still offer said owners the level of exclusivity they desire. That means it can be ordered with all the same interior and exterior colors, leathers, and materials found on any other Aston.

While based on a Toyota, the Cygnet will officially be manufactured as its own standalone model - a coach-built compact, if you will - in Warwickshire, England. An official announcement has not been made regarding the power train, but it will likely get the iQ's standard 3-cylinder (possibly with a sport intake/exhaust setup).

By Phil Alex

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Aston Martin Cygnet Mini Confirmed for Production, Sales Start in 2011

It's officially official; Aston Martin today confirmed that the Toyota iQ-based Cygnet luxury city car is to go into production with sales to start in 2011. The British automaker said details on pricing and specification will be announced by the end of this year. However it is believed the Cygnet will cost between £30,000-50,000 in the UK, or about US$47,500-79,000 / €34,000 -57,000 at the current exchange rates, and will initially be sold only to existing Aston customers.

Originally shown as a pre-production concept car at this year's Geneva Salon in March, the Cygnet is an Aston Martin-flavored version of the Toyota iQ city car with unique styling cues such as the front grille, bumper designs, exterior trim and alloy wheels, plus a high-luxury interior with details inspired by the automaker's supercar range.

"It is time to think differently. Aston Martin is honest and we don't make compromises" says Aston Martin CEO Dr Ulrich Bez.

"Whatever we do, we do right. If we do performance, we do performance; we don't downsize or compromise our sports cars. The Cygnet needs to satisfy the demands of emissions and space. It is a car without compromise, just like every other Aston Martin. Our customers need a small car for urban and city use, and they want the right tools for the right job, to downsize creatively without compromising intelligence, artistry and personality."

Dr Bez added: "The Cygnet is designed to support our sports cars by providing a greater degree of freedom in the urban context; it is a very special car, a premium but compact package with heart, soul and personality. This car is reality; Cygnet is the natural choice for those who want a premium, bespoke commuter car."

The baby Aston Martin will be built at the company's Gaydon headquarters in Warwickshire, with the base Toyota iQs being imported to the UK from Japan. It is expected that the three-meter long (117.5-in.) Cygnet will keep the iQs 1.33-liter four-cylinder petrol engine with 98-horsepower, hooked up to a 6-speed manual or an optional CVT.

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Aston Martin Recalling over 1,000 U.S. Vehicles Over Safety Concerns

British sportscar maker Aston Martin has notified the National Highway Traffic Safety Administration (NHTSA) of a safety recall 1,090 DB9, V8 Vantage and DBS vehicles built between 2007 and 2008.

In a letter sent by Aston Martin to the NHTSA, the British carmaker reported that the camber bolt that holds the front bottom suspension arm was not made to specification and "could crank along its shank" (shaft).

According to the company, this would allow the lower control arm to move freely, affecting the driver's ability to steer, and thus increasing the risk of a crash. The letter went on to say that drivers may hear a metallic rattling sound if the lower control arm had loosened in such a fashion.

An Aston Martin spokesperson told Bloomberg news that the defect was detected through company testing, not through any customer complaints. He went on to say that the driver would still be able to steer, but may notice 'looser handling'.

To rectify the defect, dealers will replace the affected camber bolts free of charge. Aston Martin has notified the NHTSA that the safety recall will begin on or before October 18th of this year.

By Tristan Hankins

Source: NHTSA / Bloomberg

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