As one of the stars of this year’s Geneva Motor Show,->ke228 there have been many rumors surrounding the 2015 Aston Martin DBX Concept, but the British automaker confirmed that it would, in fact, be building a production crossover based on the concept vehicle. The announcement was made as part of a press release stating that Aston Martin->ke13 is planning to raise around $306 million by issuing shares.

Aston Martin did not release any additional details about its impending “luxury GT crossover” including how much/if any of this new cash will be used to open or build a separate assembly line. It sounds like Aston Martin is looking into either building a facility in the Southern U.S. or acquiring an existing plant in England.

In addition to the crossover,->ke288 the money will also be used to add “extra model lines… by the end of the decade.” This matches up with a recent report that indicates Aston Martin intends a complete lineup overhaul within the next five years, including a DB9->ke210 successor that was recently spotted testing at the Nurburgring.->ke999

Continue reading to learn more about the future Aston Martin DBX.

Why it matters

Up until now, a production version of the DBX Concept has been just speculation, but this official announcement confirms that Aston Martin will definitely be getting a crossover.

2015 Aston Martin DBX

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