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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:

Ford's J Mays feels vindicated by Fusion reception

It's hard to think back now, but the same man overseeing the design of the 2013 Ford Fusion also presided over a rather lackluster period in Ford design, highlighted by vehicles like the Five Hundred and Freestyle. With the redesigned Fusion receiving high praise, J Mays tells Automotive News that he feels vindicated from criticisms suggesting he's not a daring enough designer.
When Mays took over as lead of design in 1997, he admits to having quite an ego ("My head would barely fit through the door some days. I've long since gotten over myself") and the workload to match. With the Blue Oval's portfolio full of premium brands like Aston Martin, Jaguar, Land Rover and Volvo at that point, along with the bread-and-butter Ford, Lincoln and Mercury models, Mays certainly had quite the challenge.
It was in the mid-2000s that Mays took over just the premium brands, and took on the new title of Chief Creative Officer. At the time, Mays endured some criticism for looking backwards to retro styling, rather than setting a new standard for American car design - criticism that Mays says he is free from with the all-new Fusion.

Aston Martin Vantage AMR equipped with a stick shift to honor Le Mans win

Where and how a car debuts can say a lot about that vehicle. With the newest Aston Martin, the message is clear: It's all about the lasting visceral connection between driver and automobile. The Vantage AMR, with a manual transmission and a twin-turbocharged V8, debuted today at the 6 Hours of Spa-Francorchamps, the second-to-last race in the 2018-2019 FIA World Endurance Championship. Of the 200 examples, 59 will be available with special "Vantage 59" trimmings. We've known a manual-transmission Vantage was on the way for some time, but as our previous report said, this is the first time the Mercedes-AMG-sourced engine has been paired with a stick. So it expectedly took some time to develop. The brawny power source beneath the Vantage's hood is a 4.0-liter twin-turbocharged V8. It is rated at 503 horsepower at 6,000 rpm and 461 lb-ft of torque at 2,000 rpm. It has a top speed of 195 mph and has a claimed zero-to-60 time of 3.9 seconds. The AMR's stats are slightly down from the base Vantage due to use of the Graziano-developed seven-speed transmission. The automatic Vantage offers 505 lb-ft of peak torque and has a listed zero-to-60 time of 3.6 seconds. In part due to the change from automatic transmission to manual, the AMR is significantly lighter than the regular Vantage. Switching to standard carbon ceramic brakes also helped the AMR come in 209 pounds lighter, yet Aston says the car maintains its nearly even 50-50 weight distribution. Several technologies aim to keep the AMR's motorsport-inspired driving feel as smooth, quick and efficient as possible. The AMR has a limited-slip differential, adaptive damping (with Sport, Sport+, and Track modes), and AMSHIFT, Aston Martin's version of heel-toe-mimicking rev-matching. The driver selectable transmission aid also allows for full-throttle upshifting. Although Aston Martin is earning the attention and admiration of purists by building a Vantage with a manual transmission, not everybody will be lucky enough to get one. Production is limited to 200 units, with 59 of those cars offered in an extra-limited-edition "Vantage 59" spec (this was similarly done to the DBS). Honoring 60 years since the DBR1's win at the 1959 24 Hours of Le Mans, all Vantage 59 cars will wear Stirling Green and Lime suits. Inside, they get Dark Knight leather, Alcantara trim, and Lime accents. The remaining 141 cars are offered in Sabiro Blue, Onyx Black, China Grey, or White Stone.