Aston Martin Cygnet hybrid is set for production

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Looks like the Aston Martin Cygnet is set for production later next year, which was shown as a pre-production concept car at the in March of 2010 at Geneva Salon. The Cygnet is an Aston Martin luxury subcompact flavor of the Toyota iQ city car that cater to crowded cities like New York, Paris and London.

Niche automakers like Aston Martin are not only facing with an increasing overcrowded market for the subcompact cars, it has to meet tighter emissions regulations to lower its carbon impact on the environment. The end result is you get a very expensive car such as this luxury Cygnet or the Lexus LF-Ch.

The Aston Martin Cygnet displayed recently in a concept form, until now, it has giving a green light to be hand-assembled at Aston’s factory at Gaydon in Warwickshire, England. Production is planned to begin next year in 2011, with pricing and specifications due to be released later this year. However, from previous speculation, the Cygnet will cost between $32,000- $55,000, and will initially available only to existing Aston customers. And that is an unjustifiable price range for this luxury subcompact car. A Suzuki Swift would be a better choice.