Aston Martin boss Andy Palmer has released new pictures of the firm's DBX concept. Already confirmed for production, the DBX is seen at the firm's Gaydon headquarters ahead of an employee open day.
The British firm originally announced it would build the production DBX in April, following an extra £200 million worth of investment. In February 2016 it was confirmed the DBX will be built at a new facility in Wales.
In a statement, the firm says it will “develop significant new luxury models that will drive the future of the company under its strategic business plan.
“Under the plan, the company will expand into the luxury GT crossover market with the introduction of a new vehicle based on the DBX concept.”
The extra £200 million in funding will be supplied in the form of preference shares, half of which have already been released. The other half will be released in the next 12 months.
Aston Martin boss Andy Palmer said: “This additional long-term funding, will enable us to add extra model lines and broaden our presence in the luxury market segment by the end of the decade. The DBX concept has generated interest far beyond our expectations.
"The additional investment announced today will allow us to realise the DBX and other new luxury vehicles that will form the strongest and most diverse portfolio in our history.”
The Aston Martin DBX Concept, a surprise unveiling back at the Geneva motor show in March, pointed towards the British manufacturer's plan to expand its model range to appeal to new types of customer.
Aston Martin said the DBX Concept, which represents a radical diversion for the brand, was "created to defy conventional thinking about the luxury GT segment [and] reach out to a more diverse global audience than ever before".
The DBX Concept was designed by Aston Martin's chief creative officer Marek Reichman and his team at the brand’s global headquarters in Gaydon, Warwickshire.
It represents a major evolution of the company's design language. The four-seater is said by Aston Martin to "major on day-to-day practicality. It offers generous luggage capacity by virtue of the fact that its rear trunk and forward load bay can both accept passengers’ belongings".