The firm behind a proposed battery factory which could create 4,000 jobs has listed a site in Wales as its “preferred option”. Britishvolt, which wants to produce batteries for electric vehicles, said it will build its factory in St Athan, Vale of Glamorgan, or Coventry. The Welsh town is already home to an Aston Martin… Continue reading Welsh site ‘preferred’ for battery ‘gigafactory’
Tag: Aston Martin
FCA’s top communications exec leaves job after just 4 months
CLOSE Simon Sproule, chief communications officer at Fiat Chrysler Automobiles based in Auburn Hills, is leaving the job he began Feb. 3. He resigned and has made the personal decision to step away from the auto industry, according to a source close to the situation. His last day is Friday. The company said in a statement, “Simon Sproule… Continue reading FCA’s top communications exec leaves job after just 4 months
Bentley to cut 1K U.K. jobs in recovery plan after virus
Christoph Rauwald, Bloomberg Published 9:06 p.m. ET June 5, 2020 Bentley Motors Ltd. plans to slash as many as 1,000 jobs in the U.K., about a quarter of its workforce, to cut costs and contain the fallout of the coronavirus crisis after years of weak profitability. The move adds to 2,000 other British auto-industry job… Continue reading Bentley to cut 1K U.K. jobs in recovery plan after virus
Aston Martin plots new DBX seven-seater and coupe
Aston Martin has confirmed that it plans to add more “derivatives” of its new DBX SUV in 2021, thanks to a healthy book of orders for the standard car. The announcement was made as part of the firm’s first-quarter financial report, in which new executive chairman Lawrence Stroll said the Porsche Cayenne rival’s launch plan… Continue reading Aston Martin plots new DBX seven-seater and coupe
Coronavirus: Lookers and Aston Martin cut 2,000 car jobs
Car dealership Lookers has announced it will cut up to 1,500 jobs with the closure of more showrooms in the UK. The company reopened its showrooms on Monday after the government lifted coronavirus lockdown restrictions. Luxury carmaker Aston Martin also announced 500 redundancies, a week after naming a new chief executive. It comes as the… Continue reading Coronavirus: Lookers and Aston Martin cut 2,000 car jobs
Aston Martin axes 500 jobs after sales slump due to coronavirus
Aston Martin Carmaker seeks to save £28m in cost-cutting drive under new chief executive Aston Martin said despite the cost-cutting it was still on course to produce its first sports utility vehicle, the DBX, which is made in south Wales. Photograph: Aston Martin/PA The luxury carmaker Aston Martin Lagonda plans to make 500 workers redundant… Continue reading Aston Martin axes 500 jobs after sales slump due to coronavirus
Aston Martin to shed up to 500 jobs in cost cutting drive
LONDON (Reuters) – British luxury carmaker Aston Martin (AML.L) plans to shed up to 500 jobs as it seeks to bring its cost base into line with reduced sports car production levels, it said on Thursday. FILE PHOTO – Aston Martin Lagonda cars are parked outside the new factory at Saint Athan, Wales, Britain December… Continue reading Aston Martin to shed up to 500 jobs in cost cutting drive
New Aston Martin CEO Calls Himself A “Strategist”, Aims To Replicate Mercedes-AMG Success – CarScoops
Soon-to-be former Mercedes-AMG boss Tobias Moers has managed to quadruple vehicle sales for Daimler’s performance division to a record 132,136 units last year, while also expanding the product line. Come August, he will take over for Andy Palmer as Aston Martin CEO and will look to reverse the fortunes of a cash-strapped carmaker that’s bet… Continue reading New Aston Martin CEO Calls Himself A “Strategist”, Aims To Replicate Mercedes-AMG Success – CarScoops
Major Aston Martin shareholder cuts stake in British carmaker
FILE PHOTO: Aston Martin Lagonda cars are parked outside the new factory at Saint Athan, Wales, Britain December 6, 2019. REUTERS/Rebecca Naden (Reuters) – A top Aston Martin (AML.L) shareholder cut its stake in the British carmaker by nearly 5%, a regulatory filing showed on Monday. Italian private-equity firm Investindustrial Advisors Ltd disclosed a stake… Continue reading Major Aston Martin shareholder cuts stake in British carmaker
@AML: Aston Martin DB5 production resumes after 55 years as build work begins on DB5 Goldfinger Continuation cars at Aston Martin Works
More than half a century after the last new DB5 left Aston Martin’s Newport Pagnell factory, work is again under way on ‘the most famous car in the world’ ‘Job 1’ DB5 Goldfinger Continuation car is under construction – the first in a strictly limited run of 25 customer cars Produced in association with EON… Continue reading @AML: Aston Martin DB5 production resumes after 55 years as build work begins on DB5 Goldfinger Continuation cars at Aston Martin Works