Aston Martin has given the green light for sales of the Cygnet city car.

While many people have criticized the car (Including us), Aston CEO Ulrich Bez makes a very good case for its existance:

“Aston Martin is honest and we don’t make compromises. Whatever we do, we do it right. If we do performance, we do performance; we won’t downsize our sports cars. The Cygnet needs to satisfy the demands of emissions and space. It is a car without compromise, just like every other Aston Martin.”

So while the Cygnet itself is a rubbish car, its high fuel economy and low emissions allow the rest of the range to remain without compromise as stricter emissions standards are put into effect.

Initially, the Cygnet will only be sold to current Aston Martin owners, with an expected price tag between £30,000 and £50,000 (Roughly 48,000 to 79,000 USD), pretty expensive for a city car. Detailed specifications and pricing will be released later this year.

Press Release

Aston Martin Cygnet Confirmed for Production
Innovation, Luxury and Individuality

• Aston Martin Cygnet to become a production reality in 2011
• Designed and built at Aston Martin’s Gaydon headquarters
• An Aston Martin tailor fit solution for the city offering luxury and individuality

Gaydon, 11 October 2010 – Aston Martin is pleased to confirm that the Cygnet luxury city car – originally shown as a concept car in March – is to go into production in 2011 at the company’s Gaydon headquarters in Warwickshire.

The Aston Martin Cygnet is a city car that sets a new benchmark for compact luxury, building upon nearly a century of experience building high performance sports cars, luxurious long-range grand tourers, and extremely competitive racing machines.

Cygnet demonstrates Aston Martin’s commitment to innovation and integrity.
“It is time to think differently. Aston Martin is honest and we don’t make compromises” says Aston Martin CEO Dr Ulrich Bez.

“Whatever we do, we do right. If we do performance, we do performance; we don’t downsize or compromise our sports cars. The Cygnet needs to satisfy the demands of emissions and space. It is a car without compromise, just like every other Aston Martin.

“Our customers need a small car for urban and city use, and they want the right tools for the right job, to downsize creatively without compromising intelligence, artistry and personality.”

Cygnet expresses a simple but fundamental idea: in the modern city, scale equates to speed and freedom. At just three metres long, the Cygnet gives the driver a new dimension of freedom, able to slot into gaps in traffic, exploit the smallest parking spaces, consume the least fuel and emit the lowest emissions, all while delivering exceptional levels of quality and comfort.

“Cygnet is small but luxurious, an Aston Martin tailor fit for the city,” says Marek Reichman, Aston Martin’s Director of Design. With an almost unlimited palette of materials, colours and textures, each hand-finished Cygnet will be truly unique, a personalised space within the city. “Luxury is not constrained by scale.”

Cygnet is a product of Aston Martin’s unrivalled experience in craft, technology and design. The future city will present a very different luxury brand landscape, as social change and legislation increases the division between urban and anti-urban product categories. With the Cygnet, Aston Martin will be at the forefront of these changes, ensuring the company’s enduring brand image will continue to prosper in new market conditions.

Dr Ulrich Bez continues: “The Cygnet is designed to support our sports cars by providing a greater degree of freedom in the urban context; it is a very special car, a premium but compact package with heart, soul and personality.”

The Cygnet, a tailor fit solution for the city, will help drive Aston Martin into the future. “This car is reality; Cygnet is the natural choice for those who want a premium, bespoke commuter car.”

Further details on the Aston Martin Cygnet including pricing and specification will be announced later this year. The Cygnet will be the eighth major production car Aston Martin has introduced at its state-of-the art factory since 2004, offering further evidence of the company’s ongoing commitment to British manufacturing, backed-up by a dedicated local workforce and supplier network.

Source: Aston Martin and Autocar