Aston Martin announced significant new investments towards its long-term future in the United Kingdom. The company confirmed that St Athan in Glamorgan has been chosen as the location for its second manufacturing facility.
St Athan will be the sole production facility for a new Aston Martin crossover vehicle. A concept crossover vehicle named ‘DBX’ was first shown in early 2015 and showed the company’s intention and direction for this fast-growing segment of the luxury market. With growing demand for these types of vehicles in markets such as China and the United States, it is expected that over 90% of the production from St Athan will be exported outside of the United Kingdom.
Prime Minister, David Cameron said: “Aston Martin is an iconic British brand and the decision to invest here shows real confidence in our economy. With our economic strengths and easy access to European markets, the UK automotive sector is thriving. It is one of the biggest in Europe – and the most productive – and Aston’s creation of up to 1,000 new jobs in Wales and the West Midlands is welcome news.”