Aston Martin stock soars after $295m investment by China’s Geely

Aston Martin’s stock popped nearly 22% on Thursday, after the luxury carmaker announced a 234 million pound investment by China’s Geely, that will see the automotive firm become its third-largest shareholder. Geely will acquire about 42 million ordinary shares from Chairman Lawrence Stroll’s Yew Tree, which is currently the Aston Martin’s largest stakeholder, at 335… Continue reading Aston Martin stock soars after $295m investment by China’s Geely

@AML: Substantial Investment in Aston Martin by Geely000440

18 May 2023   Aston Martin Lagonda Global Holdings plc   Substantial Investment in Aston Martin by Geely Holding subsidary entity, Geely International (Hong Kong) Limited (“Geely”) and New Relationship Agreement Aston Martin Lagonda Global Holdings plc (“Aston Martin”, “Aston Martin Lagonda” or the “Company”) today announces a substantial investment from Geely Holding, China’s leading… Continue reading @AML: Substantial Investment in Aston Martin by Geely000440

Geely doubles stake in Aston Martin to 17%

What is included in my trial? During your trial you will have complete digital access to FT.com with everything in both of our Standard Digital and Premium Digital packages. Standard Digital includes access to a wealth of global news, analysis and expert opinion. Premium Digital includes access to our premier business column, Lex, as well… Continue reading Geely doubles stake in Aston Martin to 17%

@AML: Voting results of Annual General Meeting000438

RNS Number : 7595Z Aston Martin Lagonda Global.Holdings PLC 17 May 2023 17 May 2023   Aston Martin Lagonda Global Holdings plc Voting results of Annual General Meeting held on 17 May 2023   Aston Martin Lagonda Global Holdings plc (“the Company”) announces that its Annual General Meeting (“AGM”) held today at 100 Bishopsgate, London… Continue reading @AML: Voting results of Annual General Meeting000438

New Range Rover SV is 607bhp range-topping performance SUV

The hottest version of the new Range Rover will use a 607bhp, 553lb ft twin-turbocharged hybrid V8 to become “the fastest, most dynamic and technologically advanced” version of Solihull’s sports SUV yet.  Called the Range Rover SV, dropping the ‘R’ suffix of the previous car, it uses a hybrid powertrain for the first time, with all new Range Rovers going hybrid-only from next… Continue reading New Range Rover SV is 607bhp range-topping performance SUV

New Aston Martin DB12 officially teased ahead of reveal

The Aston Martin DB11 launched back in 2016 so a replacement has been on the cards for a while. We’ve seen the new DB12 testing multiple times but now Aston Martin has confirmed a release date of 24 May for its next grand tourer.  These new official images confirm a few design details of the… Continue reading New Aston Martin DB12 officially teased ahead of reveal

Editor’s letter: Why does Aston Martin think it’s ‘under-valued’?

Lawrence Stroll’s presence with Aston Martin is a hugely visible one for 23 weekends a year, wearing the British Racing Green colours of the Formula 1 team he owns. Yet as the owner of the Aston Martin road car brand, Stroll is somewhat less visible, his appearances typically limited to investor calls. But this week… Continue reading Editor’s letter: Why does Aston Martin think it’s ‘under-valued’?

Aston Martin DB11 successor to be revealed on 24 May

Aston Martin will unveil its next-generation grand tourer – an overhauled version of the DB11 that was previously spotted testing on road and track – on 24 May. It will bring a technological overhaul, with teaser images released by the British firm confirming that the ageing Mercedes-Benz infotainment system from the DB11 has been replaced. Company… Continue reading Aston Martin DB11 successor to be revealed on 24 May

New Aston Martin DBX707 AMR23 Edition unveiled by brand’s Q division

The surprise of the F1 season so far has undoubtedly been Aston Martin and to celebrate its success on track, the Gaydon firm has launched the new Aston Martin DBX707 AMR23 Edition.  A luxury-focused DBX SUV might seem like a strange choice for an F1 themed special edition, but the DBX is also Formula One’s… Continue reading New Aston Martin DBX707 AMR23 Edition unveiled by brand’s Q division