CygnetGaydon, Warwickshire, England – Aston Martin has confirmed that it will build the Cygnet luxury city car at its headquarters in the U.K. in 2011. Originally shown as a concept car in March, the Cygnet is based on the Toyota iQ.

“It is time to think differently,” said CEO Dr. Ulrich Bez. “Aston Martin is honest and we don’t make compromises. 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 with compromising intelligence, artistry and personality.”

The Cygnet will be the eighth major production car Aston Martin has introduced at its factory since 2004. Further details, including pricing and specifications, will be announced later this year.

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