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Aston Martin confirms Mercedes-AMG boss Moers to replace CEO Palmer

Aston Martin confirmed on Tuesday that Tobias Moers, CEO of Mercedes-AMG, would become chief executive on August 1, replacing Andy Palmer, who stepped down on Monday. The Financial Times newspaper reported over the weekend that Palmer would step down, before he had been informed. A source familiar with the situation had also confirmed to Reuters the planned move. "The board has determined that now is the time for new leadership to deliver our plans," Lawrence Stroll, Aston Martin Lagonda's Executive Chairman said. The company said Moers, who will be based at its headquarters in Warwickshire, had built a reputation for transforming businesses in tough environments during his 25 years in senior roles at Daimler. Germany's Daimler AG owns a 5% stake in Aston Martin and supplies the carmaker with Mercedes-AMG engines. "Under Tobias’ leadership, Mercedes-AMG has more than doubled its product portfolio and quadrupled the number of AMG units sold, with a clear pipeline of further expansion opportunities, especially in electrification of powertrains in the performance segment," Aston Martin said in a statement. "TobiasÂ’ focus on operating and manufacturing efficiency has delivered significant margin expansion. This strong financial performance was supported by the introduction of a clear brand management strategy, which delivered a measurable increase in brand value and awareness." Aston Martin has seen its share price plummet since floating in October 2018. The 107-year old British luxury carmaker earlier this month posted a deep first-quarter loss after sales dropped by almost a third due to the impact of the novel coronavirus outbreak. "All of my and TobiasÂ’ energy will be dedicated to building on the CompanyÂ’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," Stroll said. Related video:

Alfa Romeo Tonale Jeep-derived crossover reportedly delayed by new CEO

Alfa Romeo's long-awaited Tonale crossover might not make its global debut in 2021 after all. Its launch has reportedly been delayed because the firm's boss wasn't satisfied with the proposed plug-in hybrid drivetrain. Anonymous sources familiar with the company's product plan told industry trade journal Automotive News that the Tonale won't begin arriving in showrooms until the first part of 2022 at the earliest, a delay of at least three months. It was tentatively scheduled to enter production on the outskirts of Naples, Italy, in October 2021. While setbacks aren't uncommon, the same sources claim the soft-roader's postponement was ordered by Jean-Philippe Imparato, who was appointed Alfa Romeo's chief executive in January 2021 when FCA merged with PSA to form Stellantis. Formerly at the head of Peugeot, Imparato demanded better performance from the hybrid powertrain that will be offered on some variants after seeing the Tonale for the first time in January 2021. Whether he wants additional electric range, more horsepower, or both remains to be seen. Alfa Romeo hasn't released technical details, but Automotive News reported the crossover will be closely related to the Jeep Compass, so it could get its American cousin's gasoline-electric plug-in technology. It consists of a 1.3-liter four-cylinder engine and an electric motor mounted over the rear axle. The system's total output checks in at 190 horsepower and 199 pound-feet of torque, though a 240-horse variant of the drivetrain is available on more upscale trim levels. Electric range is rated at 31 miles at up to 81 mph, and hitting 60 mph from a stop takes 7.5 seconds, a respectable figure for the segment. Another point that's unclear is how engineers will improve the Tonale's numbers. Making tweaks to Jeep's 4xe powertrain is an option; borrowing components from the Peugeot-Citroen parts bin is another, though the latter solution is more difficult to implement than the former. Less than a year away from production, even with the delay taken into account, the Tonale is mostly locked in. Photos taken during a design clinic (pictured) suggest it has changed significantly since we discovered it as a concept in 2019. Redesigning the engine bay to accommodate a different four-cylinder or reengineering the structure to fit a bigger battery could cost millions of development dollars.

Here's Aston Martin's DP-100 racer for Gran Turismo in all its virtual glory [w/video]

After a little bit of teasing, Aston Martin is finally unveiling its Design Prototype 100 Vision Gran Turismo Concept at the Goodwood Festival of Speed that makes it into Gran Turismo 6 in July. With the DP-100, the company's designers have gotten a chance to shrug off the shackles of realism and create the first-ever Aston Martin "road car" with the engine mounted behind the driver. Designed and engineered over the course of six months by the Aston Martin Design team, the crew started from a clean sheet of paper and were allowed to design whatever they liked with no concerns about production feasibility. At the front, there's the brand's classic grille shape, but otherwise the concept is completely original. The shape of the DP-100 is beautifully simple, looking like a collection of intersecting arches in profile. Of course, in Gran Turismo 6, gamers are going to want to race the car more than look at it. The DP-100 employs Aston Martin's famous V12 engine coupled with two turbochargers to produce 800 horsepower. Active aerodynamic aids keep it planted during cornering, as well. Aston Martin previously hinted that it might show off a physical version of the concept at this year's Goodwood Festival. Although, we haven't seen it yet, the concept would fit perfectly next to Nissan's own Vision Gran Turismo design at the celebration of all things automotive. Scroll down to watch a video of the DP-100's designers talking about the car and read the official release. ASTON MARTIN UNVEILS VIRTUAL DP-100 RACER FOR GRAN TURISMO®6 Design Prototype 100 joins stable of Vision Gran Turismo racers in popular racing game for PlayStation®3 Designed and engineered over six months by Aston Martin Design team Downloadable for in-game play in July 2014 Aston Martin is unveiling an exceptional new addition to the hugely popular PlayStation®3 exclusive racing game Gran Turismo®6 (GT6™) in the shape of the stunning Design Prototype 100 – DP-100 Vision Gran Turismo. Developed in-house by the Design team at Aston Martin, led by Design Director Marek Reichman, DP-100 Vision Gran Turismo is a new, virtual-only GT racer that will be available for Gran Turismo®6 (GT6™) owners to download in July 2014, following the global launch at Goodwood Festival of Speed. Starting with nothing but the traditional 'blank sheet of paper' the design team and design engineers worked for six months to create the new addition to the Vision Gran Turismo stable of race cars.