fb

At least it will make it easier for James Bond to park…

At least it will make it easier for James Bond to park…

The supercar manufacturer Aston Martin is associated with top end cars such as the Aston Martin DBS (shown left) which retails at £179,000. James Bond is also regularly seen saving the world in one of their cars.

So it’s come as a bit of a surprise to some people that in May of this year they are launching a small city car or “bespoke luxury commuter car” as they refer to it.

The launch version of the new Aston Cygnet (shown below) will cost £39,995 and whilst this is significantly less than the £179,000 for the DBS it is £27,750 more than the Toyota IQ that the model is based on.

So, is this a clever move by Aston Martin to identify a niche segment of the market that will pay extra for the luxury add-ons that are on the car such as a bespoke five-piece luggage set comprising a glovebox bag, removable door pocket bag, holdall, garment bag and a collapsible tote bag?

Or are their other possible reasons?

Some would argue that it’s a nice use of segmentation whereby the brand is being extended to high net worth individuals that need a luxury city runabout that is easier to park than a traditional Aston Martin.

It could also be targeted at the traditional male executive purchasers of new full size Aston Martins who could be encouraged to buy an Aston Cygnet for their wife or girlfriend (or both).

There is also the EU Commission proposal that car manufacturers’ car fleets should average below a certain CO2 emission rate to avoid penalties.

Manufacturers such as Honda and Renault which typically produce smaller more fuel efficient cars can achieve these limits. Aston Martin however with their high performance, and as a result less fuel efficient cars, will not meet the limits.

Is this a sign of things to come?

Will we see the Rolls Royce Mini or the Ferrari Cinquecento on our streets soon…

Share this entry

Recent articles

View All Articles
From BDO to LBDO: The Importance of Clear Branding
Jul 26, 2024
Title
From BDO to LBDO: The Importance of Clear Branding
Excerpt

If you’re studying for the ACCA exams then my guess is that you’re interested in business. Some of […]

Splashing marmalade all over?
Jul 11, 2024
Title
Splashing marmalade all over?
Excerpt

Imagine walking into a high-end boutique, expecting the usual scents of lavender and bergamot, only to be greeted […]

Miniature Models, Mega Profits…
Jun 30, 2024
Title
Miniature Models, Mega Profits…
Excerpt

Games Workshop, the iconic British company behind the Warhammer universe, recently demonstrated the profound impact of strategic communication […]

Swimming along nicely…
Jun 24, 2024
Title
Swimming along nicely…
Excerpt

Salmon, once a prized catch by skilled fishermen in cold, rushing rivers and coastal waters, has evolved into […]

You or your boss?
Jun 13, 2024
Title
You or your boss?
Excerpt

So, should you do it or should your boss do it? I’m talking about making decisions and the […]

A takeaway or a fakeaway?
Jun 06, 2024
Title
A takeaway or a fakeaway?
Excerpt

In the final run up to your professional exams it’s often a case of cramming your final revision […]

Peloton’s ride from pandemic peak to rental rebounds
May 30, 2024
Title
Peloton’s ride from pandemic peak to rental rebounds
Excerpt

Whilst home exercise bikes can be a great way to get fit, a lot of people who buy […]

Big 4 under the spotlight…
May 22, 2024
Title
Big 4 under the spotlight…
Excerpt

Recent findings have shown that Britain’s audit firms did not raise alarms for three-quarters of the major companies […]