Aston Martin is applying for planning permission to build a third plant - even though it has never built 1,000 cars in a year.
And, in a separate move, Aston has decided to delay the introduction of its new V12 Vanquish sports car. The V12 Vanquish was originally going to be launched at the auto show in Birmingham, England, in October.
The UK sports car manufacturer will apply for permission from local planning authorities to build a factory and engineering center at Gaydon, England, on the same site as Land Rover's headquarters, development center and test track.
The new factory will employ about 400 and will take 36-48 months to complete, according to Harry Calton, Aston Martin spokesman. In addition, 200 engineers will eventually move from Aston Martin's English product development sites in Newport Pagnell, Bloxham and Coventry to the new site, where all Aston Martin research and development will be based.
The new factory, which will build a small Aston Martin to fit between the Jaguar XKR and Aston Martin DB7, will not change the status of factories at Newport Pagnell and Bloxham, already running at capacity.
Aston Martin could eventually make as many as 4,000-5,000 cars annually. It will make a record 1,000 this year.
The new V12 Vanquish is now likely to make its debut at the Detroit, Los Angeles or Geneva auto shows early next year. Aston Martin will make 200-300 annually.
The decision to move the launch was made jointly by Aston Martin and Premier Automotive Group Chairman Wolfgang Reitzle and Ulrich Betz, Aston Martin's new CEO.
Reitzle especially was critical of the Ford Ka-derived air vents on the car.
'Jaguar parts are OK, but we can't have Ford components seen in a car like an Aston Martin,' he said.
Reitzle also said Lagonda, the forgotten marque in the Aston Martin porfolio, could be resurrected as a high-speed luxury four-seater.