Andy Palmer Out At Aston Martin, Tobias Moers To Take Over As CEO August 1st

Following a flood of rumors that emerged this week regarding a potential shift at the CEO position, Aston Martin has officially confirmed that long time CEO Dr. Andy Palmer has stepped down, with current Mercedes AMG CEO Tobias Moers being appointed to replace him, with Moers fully assuming his new role on August 1st. Palmer’s exit comes as the company is currently trying to navigate its way through rough seas financially, with the company’s share price trending downward since it was allowed to float publicly in October of 2018. Things reached a sobering new low earlier this month, when the …

Keep reading

Aston Martin Eying Return Of Inline Six, Possibly In 2018 Vantage

Aston Martin’s revamped Vantage is a stunning preview into the bold moves the British sports car maker has planned for its broader business. These plans could include the return of a classic engine offering according to a recently published report.   According to the fore-mentioned report the company is strongly considering the 3.0 liter Mercedes sourced turbocharged inline six for future models. Matt Becker Aston Martin’s chief engineer revealed he recently drove a Mercedes-AMG model equipped with the new engine in Stuttgart at Benze’s test facility in an interview with Wheels Magazine. Becker claimed he was impressed with the engine, …

Keep reading