Aston Martin to hold internal inquiry after ‘sockpuppet PR firm’ row

The boss of Aston Martin has called for an internal investigation after the British carmaker was accused of using a “sockpuppet PR firm” to legitimise a report which used data criticised as misleading to discredit electric vehicles. The new chief executive, Tobias Moers, said Aston Martin’s involvement in the widely discredited report began before he… Continue reading Aston Martin to hold internal inquiry after ‘sockpuppet PR firm’ row

Aston Martin to offer combustion engines beyond 2030

Aston Martin will continue to make cars powered solely by an internal combustion engine beyond 2030. Aston chairman Lawrence Stroll, speaking at the Financial Times Future of the Car Summit, said there were “always going to be enthusiasts” who would want cars powered solely by internal combustion engines (ICE), and Aston would cater for them.… Continue reading Aston Martin to offer combustion engines beyond 2030

Aston Martin shareholders green light third capital injection this year

By Reuters Staff 2 Min Read FILE PHOTO: Aston Martin DBX, the company’s first sport utility vehicle, is displayed at its global launch ceremony in Beijing, China November 20, 2019. REUTERS/Jason Lee/File Photo (Reuters) -Aston Martin said on Friday its shareholders approved a plan to inject 125 million pounds ($168.09 million) in new capital as… Continue reading Aston Martin shareholders green light third capital injection this year

Aston Martin shareholders approve 125-mln-pound capital injection

By Reuters Staff 1 Min Read FILE PHOTO: Aston Martin DBX, the company’s first sport utility vehicle, is displayed at its global launch ceremony in Beijing, China November 20, 2019. REUTERS/Jason Lee/File Photo (Reuters) – Aston Martin said on Friday its shareholders approved the luxury car maker’s plans to inject 125 million pounds in new… Continue reading Aston Martin shareholders approve 125-mln-pound capital injection

Aston Martin boss distances himself from questionable EV report

Aston Martin Lagonda Global Holdings Plc is reviewing how a report was commissioned that researchers criticized for making inaccurate comparisons of the climate harm caused by cars powered by batteries and combustion engines. Tobias Moers, Aston Martin’s chief executive officer, said the report the carmaker compiled along with some of its peers predated him joining… Continue reading Aston Martin boss distances himself from questionable EV report

Electric hypercar maker Rimac says SPAC funding hype could damage industry

By Reuters Staff 3 Min Read FRANKFURT (Reuters) – A surge in the use of special purpose acquisition companies (SPAC) for raising money for electric vehicle start-ups could harm the long-term prospects of the industry, Mate Rimac, founder of electric hypercar maker Rimac, said on Thursday. FILE PHOTO: A 2019 Rimac C2 Hyper car, valued… Continue reading Electric hypercar maker Rimac says SPAC funding hype could damage industry

Aston Martin in row over ‘sock puppet PR firm’ pushing anti-electric vehicle study

Aston Martin is at the centre of a climate lobbying controversy after a study co-commissioned by the company that cast doubt on the green credentials of electric vehicles was found to have been attributed to a PR company registered to the wife of a director at the luxury carmaker. The study, which has since been… Continue reading Aston Martin in row over ‘sock puppet PR firm’ pushing anti-electric vehicle study

Jaguar seeks to block US imports of Porsche, Audi SUVs

Land Rover was among the first automakers to forge a path in the highly profitable market for luxury sport utility vehicles, simplifying the technology for affluent but inexperienced off-road drivers. But the foreign-made rivals in the British company’s rearview mirror have grown closer than they might appear. On Thursday, Jaguar Land Rover Automotive Plc asked… Continue reading Jaguar seeks to block US imports of Porsche, Audi SUVs

Aston Martin to provide F1 safety cars from 2021

Aston Martin will provide the safety and medical cars at more than half of the Formula 1 races next season. The agreement, which is yet to be formally announced but which has been confirmed by Racefans.net, will result in Aston Martin taking over the duties from part-shareholder Mercedes at 12 of the planned 23 races… Continue reading Aston Martin to provide F1 safety cars from 2021

German Handelsblatt: Porsche competition: Super sports cars for every day – that is what the McLaren GT000779 can do

McLaren GT The supercar is more comfortable than many others of its kind. Cologne Take a super sports car, tinker with it a little, give it a little more space for luggage and then claim it is a GT (Gran Turismo), i.e. a car for the long journey. And that with two doors, a “pull… Continue reading German Handelsblatt: Porsche competition: Super sports cars for every day – that is what the McLaren GT000779 can do