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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:

Aston Martin Vantage V12 Zagato goes back into limited production

To celebrate the 50th Anniversary of the Aston Martin DB4 GT Zagato in 2011, Aston Martin worked with Zagato Milano to create the Vantage V12 Zagato. Aston Martin made 101 of the special editions, available only as a coupe. This year, to celebrate the 100th anniversary of the Milanese design house, Swiss motorsport company AF Racing has commissioned 38 examples of the Vantage V12 Zagato, consisting of 19 coupes and 19 roadsters. The official name of the redux is Aston Martin Vantage V12 Zagato Heritage TWINS by R-Reforged. When Aston Martin originally announced production they planned to build 150 units, but for unknown reasons that number fell to 101 units. Since no specs have been mentioned, our guess is that the 6.0-liter V12 with 510 horsepower and 420 pound-feet of torque goes unchanged. As far as we can tell, the only differences between these new versions and the previous builds is that the coupe omits the rear spoiler, there's a wider selection of colors, and you can alternatively choose to take the top off. As for the entities behind this, the press release lays out a web of connections we're not totally clear on. The relevant matters are that AF Racing is a Swiss motorsport company that's a project partner on the Aston Martin Valkyrie, and it has a sub-brand called R-Reforged devoted to production-car projects. AF Racing owns a subsidiary in Germany called Vynamic that oversees four Aston Martin Vantage race cars competing in the German DTM Series. Vynamic will actually build the new V12 Zagatos. The rest of the tangled web doesn't matter. AF Racing says deliveries of the new coupes and speedsters will commence at the end of this year. No price has been mentioned, but the original coupes went for 330,000 pounds at the time, which would be $429,000 right now, and probably a good place to start.

Aston Martin brings ice driving program to America [w/video]

With between four and six hundred horsepower channeled to the rear wheels from a V8 or V12 engine mounted up front, an Aston Martin – any Aston Martin, really – might not seem like the smartest choice for driving on ice and snow. But that can also make it the most fun, and the most enlightening to experience. That's the point behind the Aston Martin On Ice program: allowing customers to drive the latest Gaydon has to offer on slippery, wintery surfaces. But whereas the On Ice program has been established for years in St. Moritz, Switzerland and in the Swedish Lapland, this year it arrived in America for the first time. A series of custom tracks – including a braking/cornering loop, slalom, skid pad and a full circuit – were carved into the snow in Crested Butte, CO, where expert driving instructors taught customers a thing or two about how to handle a powerful twelve-cylinder GT car like a DB9, Vanquish or V12 Vantage. The program has concluded for the season, returning next February, but in the meantime Aston will use the Colorado base camp as the center of its driving experience through the Rockies. Check out the video footage and the details in the press release below. ASTON MARTIN... ON ICE - New US ice driving program launches in Crested Butte, Colorado - Affords customers the opportunity to drive full Aston Martin range in extreme winter conditions - Utilises custom-built Aston Martin facility Irvine, CA, 17 March, 2014 – Aston Martin has launched the company's first ice driving program in North America, hosted at Crested Butte, Colorado providing customers with the ultimate driving experience against a stunning mountainous backdrop. Offering customers the opportunity to experience the full potential of the Aston Martin range and hone their driving skills, the new On Ice program took place in the heart of the Colorado Rocky Mountains in a unique setting, with an ice track custom built for the occasion as illustrated in a new film from the event, released today. Comprising a braking/cornering exercise loop, slalom, skid pad and full circuit, the bespoke Aston Martin track was especially constructed for the occasion over the last four months. Under expert tuition, participants were guided through the facility, embarking upon a series of braking, cornering and handling exercises before putting their skills to the test on a mile-long frozen road course.