► Coffee with Moers in Affalterbach► Just months before his switch to Gaydon► A snapshot of AMG’s plans Tobias Moers is now the CEO of Aston Martin, replacing Andy Palmer in the hotseat at Gaydon. It marks the end of a six-year tenure for Palmer, but also the ending of an almost thirty-year partnership for… Continue reading Coffee with CAR: an interview with Tobias Moers – CAR Magazine
Tag: Aston Martin
Aston Martin chief leaves after 94% share price collapse
Struggling luxury UK carmaker Aston Martin has announced that chief executive Andy Palmer has stepped down. Tobias Moers is taking over from 1 August, with Keith Stanton filling the gap as interim chief operating officer. Mr Moers joins from Mercedes’ high-performance subsidiary AMG, where he is currently chief executive. Aston Martin was struggling before the… Continue reading Aston Martin chief leaves after 94% share price collapse
Aston Martin confirms sacking of chief after share collapse
Aston Martin Andy Palmer, who had been head of car firm since 2014, will be replaced by Tobias Moers Aston Martin chief executive Andy Palmer in 2018 as the company was floated on the London Stock Exchange. Photograph: Sarah Lee/The Guardian The luxury carmaker Aston Martin Lagonda has confirmed it has sacked its chief executive… Continue reading Aston Martin confirms sacking of chief after share collapse
Aston Martin chief to leave, Mercedes-AMG CEO to replace him
May 24 (Reuters) – Aston Martin Chief Executive Andy Palmer is leaving the business as part of a management shake-up and will be replaced by Tobias Moers, CEO of Mercedes-AMG, a source familiar with the matter told Reuters on Sunday.
The luxury carmaker said in an emailed statement that it is reviewing its management team but declined to comment on Palmer's fate.
Palmer and Germany's Daimler AG, which owns a 5% stake in Aston Martin and supplies the carmaker with Mercedes-AMG engines, also declined to comment.
The Financial Times newspaper had reported earlier that the Aston Martin chief was going to leave as part of a shake-up of its leadership, with an official announcement expected on Tuesday.
Palmer had not been informed of the upcoming announcement, the newspaper reported.
Aston Martin, famed for being fictional secret agent James Bond's car of choice, has seen its share price plummet since floating in October 2018.
The 107-year old British luxury carmaker earlier t..
UPDATE 2-Aston Martin chief to leave, Mercedes-AMG CEO to replace him – source
(Reuters) – Aston Martin (AML.L) Chief Executive Andy Palmer is leaving the business as part of a management shake-up and will be replaced by Tobias Moers, CEO of Mercedes-AMG, a source familiar with the matter told Reuters on Sunday. Andy Palmer, President and Group CEO, Aston Martin Lagonda, speaks at the opening of the new… Continue reading UPDATE 2-Aston Martin chief to leave, Mercedes-AMG CEO to replace him – source
Aston Martin chief to leave as part of shake-up
Mercedes executive set to take over, further solidifying the relationship between the two carmakers Go to Source
Aston Martin sacks chief Andy Palmer after shares plunge
Aston Martin Luxury car maker expected to hire Mercedes-AMG’s Tobias Moers as next CEO, as value falls to below £500m Andy Palmer, present CEO of Aston Martin, in 2018 as the company was floated on the London stock exchange. Photograph: Tolga Akmen/AFP/Getty Images Aston Martin is sacking its chief executive, Andy Palmer, following a 98%… Continue reading Aston Martin sacks chief Andy Palmer after shares plunge
Aston Martin boss Andy Palmer set to be replaced by AMG boss Moers
Aston Martin boss Andy Palmer will be replaced at the helm of the company by AMG boss Tobias Moers on Tuesday, according to a report in the Financial Times. The British sports car maker has responded to the report by saying it has no comment to make, neither confirming nor denying the story. Palmer’s position… Continue reading Aston Martin boss Andy Palmer set to be replaced by AMG boss Moers
Aston Martin’s chief to leave as a part of shake-up: FT
Andy Palmer, President and Group CEO, Aston Martin Lagonda, speaks at the opening of the new factory in Saint Athan, Wales, Britain December 6, 2019. REUTERS/Rebecca Naden (Reuters) – Aston Martin (AML.L) Chief Executive Andy Palmer is leaving the business as part of a shake-up, the Financial Times reported on Sunday. The luxury carmaker will… Continue reading Aston Martin’s chief to leave as a part of shake-up: FT
Car dealerships are taking Tesla’s lead by embracing online sales in the wake of COVID-19. Now industry insiders say salespeople will have less power over customers because of it. (CVNA, KMX)
Online car sales and home deliveries have become more popular in the wake of the novel coronavirus. That trend will continue well into the future, auto industry executives told Business Insider. “Customers will welcome the power shifting back in their direction, and they deserve that,” said Laura Schwab, president of Aston Martin in the Americas.… Continue reading Car dealerships are taking Tesla’s lead by embracing online sales in the wake of COVID-19. Now industry insiders say salespeople will have less power over customers because of it. (CVNA, KMX)