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Aston Martin in financial hardship?
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Pitfitter446
·The fact that they don't have the same profit margins as Omega, is what must have made all the difference! 😀
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Yago
·I don't see how AM will be able to survive without being part of a car conglomerate. The investment by Stroll and Bamford is truly peanuts. The company needs billions and a lot of tech. The future belongs to smart cars and smart supercars.
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Hubert
··TAG Heuer Forums Moderator[url]https://jalopnik.com/the-axe-finally-fell-at-aston-martin-1843675805[/URL]
From the Financial Times:
Mr Palmer departed on Monday and will be replaced by Tobias Moers, the head of Mercedes-AMG, who will join the ailing luxury carmaker on August 1. The FT first reported the management shake-up on Sunday.
The carmaker also said that three of its directors — Richard Solomons, Imelda Walsh and Tensie Whelan — who were due to stand down in June, left the board on Saturday.
The changes were led by Lawrence Stroll, the Canadian billionaire who became chairman through a £540m rescue deal earlier this year.
Mr Stroll said: “The board has determined that now is the time for new leadership to deliver our plans.”
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kappa_md
·The tie up of Aston Martin with Mercedes-AMG seems very intriguing 😗😗😗
Wolff (Mercedes-AMG Motorsports/F1 Team Principal) & Moers (Mercedes-AMG CEO) playing a big role in the new era of Aston Martin.
Wolff (Mercedes-AMG Motorsports/F1 Team Principal) & Moers (Mercedes-AMG CEO) playing a big role in the new era of Aston Martin.
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Mr_Orange
·Maybe these: https://www.topgear.com/car-news/movies/007-edition-aston-dbs-superleggera-and-vantage-are-here - will help them get out of their financial woes!
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