Aston Martin has confirmed it will build a production version of the DBX concept, which was first revealed back in March at this year’s Geneva motor show.

The announcement comes as the company has this week received an extra £200 million worth of investment.

The new funding will enable the sports car manufacturer to develop “significant new luxury models” that will drive the future of the company under its strategic business plan.

The additional capital investment comes in the form of £200 million of preference shares; £100 million of which were issued this week with the remaining £100 million – already subscribed for – to be issued in the next twelve months, and will further expand the previously announced investment plan.

Aston Martin says this investment in new luxury models is at the core of its strategic vision.

“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,” said company boss, Dr Andy Palmer.

Source: Aston Martin

Tags: Aston Martin, crossover, DBX, Dr Andy Palmer, luxury