Aston Martin DBX Crossover Gets Green Light for Production | Edmunds

Aston Martin DBX Crossover Gets Green Light for Production

GAYDON, England Aston Martin Lagonda on Thursday confirmed that it will build the Aston Martin DBX crossover, giving luxury shoppers another choice in this growing segment.

The "DBX will be sold in the U.S.," Aston Martin spokesman Matthew Clarke told Edmunds. "Our plan is to have renewed the entire current sports car range and added DBX by the end of the decade."

Clarke said pricing information and technical information is not available at this point.

When asked to name the key competitors to the DBX, Clarke replied: "In terms of the competition, the idea is to define a new segment rather than chasing existing and appeal to a new (to us) buyer demographic."

The DBX is likely to attract more women and younger buyers to the brand.

It is expected to compete against the 2016 Jaguar F-Pace, Land Rover Range Rover Evoque and Porsche Macan.

The Aston Martin DBX concept, which debuted at the 2015 Geneva Auto Show, previewed the production DBX.

The automaker said it will receive more than $300 million for the development of the DBX crossover and other vehicles.

"The additional investment announced today will allow us to realize the DBX and other new luxury vehicles that will form the strongest and most diverse portfolio in our history," said Aston Martin Lagonda CEO Andy Palmer.

Edmunds says: Luxury buyers will have to wait several years to get their hands on the new Aston Martin DBX. But there are plenty of other good options to consider in the meantime.

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