LONDON: The Board of Aston Martin today announced the appointment of ultra-luxury automotive leader Adrian Hallmark, who will join Aston Martin as an Executive Director of the Company and its Chief Executive Officer no later than 1 October 2024. Hallmark, aged 61, will join Aston Martin from his recent position as Chairman and Chief Executive…
All posts tagged Aston Martin
Aston Martin and Mercedes-Benz revise their strategic partnership
LONDON, UK: Aston Martin Lagonda Global Holdings and Mercedes-Benz AG have announced that they have agreed to amend their Strategic Co-operation Agreement (“SCA”), which was signed in October 2020. The SCA gave Aston Martin access to a range of Mercedes’ technology, in exchange for issuing shares to the German carmaker. The amendment will replace the…
Geely invests £234 million in Aston Martin to boost its growth and vision
LONDON, UK: Aston Martin Lagonda Global Holdings plc, the British luxury carmaker, has announced a significant investment from Geely Holding, China’s leading independent automotive group, as part of a new partnership that aims to support Aston Martin’s growth and vision to be the world’s most desirable ultra-luxury British performance brand. Geely has committed approximately £234…
Aston Martin to Debut Next-Generation DB on May 24
Aston Martin has announced that it will debut the next-generation DB on May 24. The new car is expected to be a significant departure from the current DB11, with a more aggressive design and a more powerful engine. The teaser images released by Aston Martin show a car with a more angular design than the…
Amedeo Felisa appointed new Chief Executive Officer of Aston Martin
LONDON, UK: The Board of Aston Martin Lagonda Global Holdings announced that by mutual agreement Tobias Moers will stand down from his role as Chief Executive Officer. The Board announces the appointment of Amedeo Felisa as Chief Executive Officer. A former CEO of Ferrari, he is one of the most highly regarded leaders and engineering…
Cambria acquires Aston Martin and Rolls-Royce cars franchise for £1.6 million
LONDON: Cambria Automobiles has announced the acquisition of one Aston Martin franchise and one Rolls-Royce Motor Cars franchise in Edinburgh from the administrator of Leven Cars Group Limited. The total cash consideration, which includes one freehold and one leasehold property along with certain fixed assets, is £1.6 million and this will be funded from the…