Aston Martin Lagonda To Be Helmed By Current CEO Of Mercedes-AMG

Posted by clifford chow
27 May 2020

The Board of Aston Martin Lagonda Global Holdings plc has announced that their President and Group Chief Executive, Dr. Andy Palmer would be stepping down. Dr. Palmer who once worked for Carlos Ghosn of Renault-Nissan Alliance fame, envisioned sweeping changes to Aston Martin Lagonda’s lineup, with what he termed a ‘Second Century Plan’. The DB11 was the first car to be released under that plan in 2016, followed by the two-seater Vantage, and the V12-engined DBS Superleggera.

Aston’s future was also hinged on the recently showcased DBX, the brand’s very first SUV, developed in response to an evolving market, where other luxury sports car makers, like Porshce and Maserati have caught on much earlier in the game. Palmer was also the driving force behind their very first hypercar, the Valkyrie.

Lawrence Stroll, Aston Martin Lagonda Executive Chairman who also injected GBP 536 million into the company, said: “The Board has determined that now is the time for new leadership to deliver our plans. On behalf of the Board, I would like to thank Andy for his hard work, personal commitment and dedication to Aston Martin Lagonda since 2014. In that time the Company has successfully renewed its core sports car range, with the DB11, Vantage and DBS Superleggera and has brought the brand’s first SUV, DBX to a point of readiness for deliveries to start in the summer. Furthermore, the development of the era-defining Aston Martin Valkyrie hypercar has paved the way for the mid-engined range to come. I would also like to recognise his leadership through the current challenges and uncertainties presented by COVID-19.

I am delighted to welcome Tobias to Aston Martin Lagonda. He is an exceptionally talented automotive professional and a proven business leader with a strong track record during his many years at Daimler AG, with whom we have a longstanding and successful technical and commercial partnership, which we look forward to continuing. Throughout his career he has delivered product expansion, strengthened brand positioning and improved profitability. He is the right leader for Aston Martin Lagonda as we implement our strategy for the business to achieve its full potential. Our ambition for the company is significant, clear and only matched by our determination to succeed.

All of my and Tobias’ energy will be dedicated to building on the Company’s inherent strengths, its brand, its engineering prowess, and the skills of its people to enable Aston Martin to become one of the pre-eminent luxury car brands in the world.”

Tobias Moers who is slated to join Aston Martin Lagonda on 1 August 2020, and currently helms Mercedes-AMG; where he had successfully grown its product range, and the number of units sold. Under his care, the prestigious AMG badge gained prominence across the Mercedes-Benz portfolio, making the sought-after nameplate attainable to the masses.

With Moers at its helm, and with Daimler AG which owns a 5% stake in Aston Martin, and supplies the independent British manufacturer with its bi-turbocharged 4.0 litre V8 engines, which powers the Vantage and the V8 DB11, and some cabin componentry; we could perhaps see even more Mercedes hardware in future Astons and Lagonda cars.

#AstonMartin #AML #Singapore #SG #Autos #AMG #MercedesAMG #AndyPalmer #LawrenceStroll #TobiasMoers


Sell Fast With Ease - SwiftQuote

With SwiftQuote, you get:
  Best value for your car    A peace of mind when selling    Fast sale from start to end

HIGHEST PRICE FOR YOUR CAR

Best offer with no obligations.
Start Now!

I agree to the collection, use and disclosure of my personal data by Carousell and/or such other third party (as may be necessary) and to be contacted (via email, phone call and/or text message) for any purposes in connection with the application of and transaction of the vehicle, in accordance with the Personal Data Protection Act 2012 and Carousell's Privacy Policy.

Fast and professional service.

Lim Boon Seng - 39 minutes ago

SwiftQuote was very prompt to reply and the staff attending was also very swift and friendly. I recommend to anyone to approach SwiftQuote for fast and efficient service. Thank you SwiftQuote!

Suhaimi Moktar - 1 day ago

Satisfactory!!!

Ng Siang Long - 2 days ago

Hi, Quite an impressive experience. SwiftQuote response was fast and effective. Thanks for arranging a deal. I will recommend it to my friend.

Min Aung - 3 days ago

Quick in providing the quotes. Professional customer service.

Ken Lim Tien Khim - 3 days ago

Was sceptical initially. However it turns out to be a very smooth transaction Reliable dealer with very high price quoted for my vehicle was found within 1 day! Impressive service from Swiftquote!

Tan Kian Siong - 3 days ago

Follow up is good and the buyer is genuine. Great offer too!

Yong Shao Horng - 6 days ago

Great link between buyer and seller. Smooth transaction!

Lee - 1 week ago

Very quick and prompt response for best dealer offer. Easy transaction and truly recommended.

Mohammad Yusoff Bin Ponang - 1 week ago

Swiftquote helped me in selling my car very swiftly. Very much appreciated.

Emani Satyanarayana - 1 week ago
News
311
311
13 Nov 2020
Posted in News
News
1,951
1,951
23 Oct 2020
Posted in News
News
505
505
16 Oct 2020
Posted in News
News
436
436
7 Oct 2020
Posted in News
News
673
673
22 Sep 2020
Posted in News
News
842
842
18 Sep 2020
Posted in News
News
2,074
2,074
11 Sep 2020
Posted in News
News
14,898
14,898
27 Aug 2020
Posted in News