Aston Martin replaces Tobias Moers with former Ferrari boss

In a surprise move, Aston Martin has announced the departure of its chief executive Tobias Moers with immediate effect. Moers will be replaced by Amedeo Felisa, a former chief executive of Ferrari who was already sitting on the Aston Martin board of directors.  In a statement to the stock exchange Aston Martin said that Moers… Continue reading Aston Martin replaces Tobias Moers with former Ferrari boss

Matt Prior: Why I’m excited for Aston Martin’s future

So that’s that: Tobias Moers’ time as the CEO of Aston Martin has ended. I wonder whether in time, as the saying now goes, “recollections may vary” about the whys and hows. Summaries of the state of Aston Martin already vary. Moers streamlined and made its production lines more efficient, so good has come from… Continue reading Matt Prior: Why I’m excited for Aston Martin’s future

@Ferrari: Ferrari N.v.: Periodic Report on the Buyback Program000244

Maranello (Italy), May 9, 2022 – Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari” or the “Company”) informs that the Company has purchased, under the sixth tranche of the common share buyback program announced on March 3, 2022 (“Sixth Tranche”), additional common shares – reported in aggregate form, on a daily basis – on Euronext Milan (EXM) as… Continue reading @Ferrari: Ferrari N.v.: Periodic Report on the Buyback Program000244

Ferrari SP48 Unica unveiled as one-off V8 berlinetta

Ferrari has uncovered its newest one-off supercar commission: the SP48 Unica. Starting with the platform and twin-turbocharged V8 from the F8 Tributo, Ferrari has given the SP48 an entirely bespoke body and an optimised aero package, alongside unique interior finishes. The new car is destined for one of Ferrari’s ‘long-standing clients’, who was closely involved… Continue reading Ferrari SP48 Unica unveiled as one-off V8 berlinetta

Ferrari Purosangue SUV confirmed for V12 engine

“I’m convinced on this car and the technical concept,” Ferrari’s then chief technical officer, Michael Leiters, told Autocar in 2019. “I think we’ve found a concept and a package which is on one side a real SUV and will convince SUV customers to buy it, but on the other side there’s a huge differentiation of… Continue reading Ferrari Purosangue SUV confirmed for V12 engine

Interview: Lawrence Stroll, Executive Chairman Aston Martin Lagonda – Evo

‘I did not take over a healthy company’ is a strong opening gambit, but Lawrence Stroll has never been one to pull his punches, and you get a clear sense that the 62-year-old hasn’t occupied all those chairmen’s seats without first climbing off the fence. Aston Martin was in a bad place in 2020. Now,… Continue reading Interview: Lawrence Stroll, Executive Chairman Aston Martin Lagonda – Evo

Aston Martin CEO to step down, be replaced by ex-Ferrari chief

Aston Martin Lagonda Global Holdings is turning to a veteran executive who left the helm of Ferrari six years ago to turn around the British luxury-car maker. Aston Martin named current board member Amedeo Felisa as chief executive officer to replace German manager Tobias Moers, who struggled with a slower-than-expected ramp-up of the 2.4 million-pound… Continue reading Aston Martin CEO to step down, be replaced by ex-Ferrari chief

@Ferrari: Q1 2022: ANOTHER STRONG START000243

Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari” or the “Company”) today announces its consolidated preliminary results for the first quarter ended March 31, 2022. Total shipments of 3,251 units, up 17.3% versus Q1 2021 Net revenues of Euro 1,186 million, up 17.3% versus prior year EBITDA of Euro 423 million, up 12.5% versus prior year. EBITDA margin… Continue reading @Ferrari: Q1 2022: ANOTHER STRONG START000243

German Manager Magazine: Aston Martin: Amedeo Felisa replaces Tobias Moers001742

The British sports car manufacturer Aston Martin wants to come out of the crisis with a new management team. Amedeo Felisa (76), former Ferrari boss, takes over the top position at the car manufacturer, which became internationally famous through the “James Bond” films. The previous Aston Martin boss Tobias Moers (56) resigns with immediate effect,… Continue reading German Manager Magazine: Aston Martin: Amedeo Felisa replaces Tobias Moers001742