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Aston Martin names new CFO

Aston Martin is on the verge of a resurgence, instituting (among a great many other things) new top leadership, and that includes a new chief financial officer. Mark Wilson comes to Gaydon with a wealth of experience at British sports car manufacturers, having previously worked for Lotus and McLaren. His most recent posting, however, was as CFO and COO at renewable energy insurer G-Cube Underwriting. He'll take up his new job as Chief Financial Officer (and his place on the executive board) at Aston Martin on June 8, reporting directly to Andy Palmer, who in turn took up his job as CEO just this past September. Considering Aston was recently injected with an influx of cash, hiring a new money man was probably prudent. But hiring new top personnel, of course, isn't the only change Aston is making. It's got a new platform in the works, a new engine under development with Mercedes-AMG and a raft of new projects in the pipeline. That includes the replacement of every one of its models by the end of the decade and the addition of as many as three new model lines – particularly the DBX crossover that could be the first new Aston built in America. ASTON MARTIN NAMES MARK WILSON AS NEW CHIEF FINANCIAL OFFICER 14 May 2015, Gaydon: Aston Martin today announces the appointment of Mark Wilson as Chief Financial Officer. Joining the business on Monday 8 June, Wilson, will report directly to Aston Martin CEO Dr Andy Palmer and take a place on the Executive Board at the company's global HQ in Gaydon, Warwickshire. With a strong track record of senior automotive experience already accrued with McLaren Automotive and Lotus Cars Ltd, Wilson joins the luxury British sports car maker from renewable energy insurer G-Cube Underwriting where he held the post of Chief Financial and Operating Officer. Welcoming Wilson to the team, Dr Palmer said: "Mark joins us at what is, undeniably, an extremely exciting time for Aston Martin. We are currently implementing the largest investment plan in our history which will see a total remake of our product portfolio. By the end of the decade, not only will our current line-up have been replaced entirely, we will have added up to three extra model lines and entered new market segments.

Aston Martin Lagonda Vision Concept re-envisioned as zero-emissions luxury brand

After introducing the hand-built, limited-edition, one-million-dollar Lagonda Taraf saloon in 2015, Aston Martin is again reaching to its Lagonda heritage dating back to 1904. But while there's a new saloon concept to be presented, Lagonda has completely changed around it. The Taraf had a six-liter, 540-horsepower V12 under its hood: the new car has no engine and no hood. Instead, Aston Martin is turning Lagonda into what it calls the first zero emission luxury brand. The herald of the newly born Lagonda is the Vision Concept, and it showcases the design language Aston Martin is preparing for a 2023 launch. While Astons still embrace the internal combustion engine, the letter "O" in Lagonda's logo is re-purposed to stand for zero emissions. As per Aston's statement: "With no need to package a vast internal combustion engine, gearbox and transmission, Lagonda's designers could optimize the interior down to the smallest detail and then build up the exterior of the car around it. The Lagonda Vision Concept doesn't have a bonnet because one is not required." The production Lagonda is to be fully autonomous "on all routine circumstances and all recognizable roads." This means the steering wheel can freely move from the left side of the car to the right, or retract completely. Choosing to not do the driving isn't alien to Lagonda customers, as Aston Martin's Andy Palmer explains. "For owners of true luxury cars, autonomy has existed for over a century, in a carbon-based form called a chauffeur." He adds, "We imagine most Lagonda customers will choose to be driven, but whether by a person or a computer will be up to them. And if they want to drive themselves, the car will ensure that is a delightful and memorable experience too. Lagonda will provide that choice." The tall, airy cabin has been designed with the help of Savile Row tailors, and the armchair-like seats can be arranged to face each other. The seats aren't mounted on runners, but cantilevered arms. As for range, Lagondas will have been engineered for a real-world 400-mile range with solid-state batteries. There's "intelligent all-wheel-drive," with any wheel able to be given 100 percent of the available torque.

Aston Martin begins building continuation DB5 with fake machine guns

We could have written this sentence in 1963: "Aston Martin has launched production of the DB5." Then, it would have referred to a shapely new coupe introduced to the popping of flash bulbs to replace the DB4. In 2020, it signals that the first batch of "Goldfinger"-spec continuation cars announced in 2018 by former CEO Andy Palmer are nearly ready to roar out of the Aston Martin Heritage Division's workshop in Newport Pagnell, England.  Workers build each DB5 from scratch, they're not starting with a donor car, and the process takes approximately 4,500 hours (or six full months). The firm explained it builds cars by hand using period-correct manufacturing techniques when possible, but it's not opposed to embracing modern engineering advancements when needed. Aston Martin enlisted the help of EON Productions, the company that makes James Bond films, to ensure the continuation cars are accurate replicas of the DB5 used in "Goldfinger." Most of the gadgets that wowed movie fans on the big screen are accounted for, including a rear smoke screen delivery system, a simulated oil slick delivery system, a set of revolving license plates to fool the bad guys, and twin machine guns hidden behind the headlights. Fear not; they're fake, so you don't need to invest in an armored Mercedes-Benz G-Class if you spot a new DB5 in your neighbor's driveway. Buyers can pay extra for a hatch above the passenger-side front seat. Inside, the add-ons include a telephone integrated into the driver's door, a radar screen tracker map (which is also fake), and a tray used to store weapons under the seats. Watch your elbow if you're lucky enough to ride in one: Some of the buttons used to activate the aforementioned gadgets are integrated into the armrest. The aluminum hood hides a 4.0-liter straight-six engine that slurps gasoline through three SU carburetors to deliver about 290 horsepower. It spins the rear wheels via a five-speed manual transmission and a mechanical limited-slip differential. Aston is also installing disc brakes all around and non-assisted rack-and-pinion steering, so the continuation cars will accelerate, handle, look and sound like a DB5 should. Aston Martin is only making 25 examples of the modern-day DB5, and it priced each one at GBP2.7 million (about $3.3 million at the current conversion rate). Deliveries are scheduled to begin in the second half of 2020, which is when the DB5 will return to the big screen in the next installment of the James Bond series.