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Andy Palmer leaves Renault-Nissan to serve as CEO of Aston Martin

Aston Martin has been without a helmsman since Ulrich Bez stepped down from the chief executive office at the end of last year, stepping back to serve as non-executive chairman in a semi-retired ambassadorial capacity. The British automaker, now on the cusp of a new era, has been running without a CEO since, but has now named Bez's replacement in Andy Palmer.
If you don't recognize the name, you should: Palmer has worked under the Renault-Nissan Alliance for decades now, rising through the ranks to become one of the top executives under Carlos Ghosn. Most recently he was serving as executive vice president of the entire group and chairman of the Infiniti brand, but like Carlos Tavares, who recently left Renault to run Peugeot, Palmer is now embarking on a new mission as CEO of Aston Martin.
Once the transition period is complete at the start of October, Palmer's role as Chief Planning Officer at Renault-Nissan will be assumed by Philippe Klein, who steps up from his current role as executive vice president of product planning for Renault. Read the statements from both companies below.

Here's what else you could buy for the average new-car price of $40,573

Autoblog may receive a share from purchases made via links on this page. Pricing and availability are subject to change. The average price of a new car in America hit a new record in December 2020: $40,573. Not that we're surprised — the average has been over $35,000 for the past few years — but seeing that baseline figure crest 40 large is still a sticker-shock to the system. So, as we do every once in a while, we put our collective heads together and came up with a list of alternatives that you could choose to buy for that sum, new or old, classic or practical. Now, let's be crystal clear about one thing here. We're not actually recommending you make this type of decision. That said, we wouldn't blame you if you did. Managing Editor Greg Rasa: $40,000 will buy a fully loaded Camry or moderately equipped crossover. Or, for $39,997, to be exact, one could go motoring in a fine British automobile. This 2006 Aston Martin DB9 Volante in Alabama has 21,452 miles on it, and depreciation has worked its cruel magic: It is listed for less than one-quarter of its $168,000 starting MSRP when it was new. A check of other used DB9s nationwide indicates this is a fair price. This Aston's CarFax reveals two owners. (One, really, as the second was a dealership. Looks like it got traded in for a Porsche.) If you're understandably concerned about reliability, its service history indicates no surprises to date. Remember, it has a 450-horsepower 5.9-liter V12. And spring is coming. Of course a used Aston Martin is riskier than a new Camry. But as Louis Prima sang, "Enjoy yourself, it's later than you think." What price beauty? Less than $40 grand. Associate Editor Byron Hurd: This price point opens up a ton of options in the "nearly new" luxury space, including a few good enthusiast picks, but my nod here goes to the Cadillac ATS-V. The discontinued, M3/M4-rivaling, 465-horsepower sport sedan and coupe can be had all day long in this price range with low miles. In fact, the real challenge is finding one in the spec you want, since it's one of those old-fashioned cars that actually presented the buyer with choices. Here's a clean, six-speed sedan in an actual color for less than our target price, for example. Coupes are more plentiful than sedans, especially in interesting colors, but there are plenty of them out there.

Aston Martin documentary tells development story of Vantage GTE racer

Aston Martin doesn't merely go racing, the carmaker's name enshrines racing: Company co-founder Lionel Martin conquered the Aston Hill Climb in 1914 with a tuned Singer automobile; when Lionel needed a name for the car he built with funding from Robert Bamford, Lionel's wife suggested "Aston-Martin." That makes the Vantage GTE racer that will enter the 2018 FIA World Endurance Championship not only an obvious descendant, but a necessary one. To show us what went into the new standard-bearer, Aston Martin produced a nine-minute documentary on the Vantage GTE's development. The endurance challenger replaces the six-year-old V8 Vantage GTE race car that — even at the end of its development path — took WEC team honors in 2016 and class victory at Le Mans this year. The short doc visits Aston Martin Racing over the course of 18 months spent creating the new Vantage GTE, finding out how the road car got upgraded to race spec, what new partners like Ohlins and Alcon provided, and revealing that electrical wiring can't be mapped out entirely in CAD beforehand, the wiring has to be laid into the chassis by hand in order to find the shortest paths. The Vantage GTE rings in at 2,745 pounds dry, roughly 500 pounds lighter than the Vantage road car. The AMG-sourced twin-turbo V8 gets around 536 horsepower and 516 pound-feet of torque depending on circuit regulations, and shifts through an Xtrac six-speed sequential transmission with a carbon fiber driveshaft. Ohlins created a five-way suspension, Alcon supplies the brakes, clutch, and limited-slip differential, the Akrapovic inconel exhaust exits just behind the front wheels, and 18-inch forged magnesium TMS wheels wear Michelin tires. Unanimous feedback from the drivers says the new racer is already more durable, more torque-y, and more reliable than the one it replaces. The Vantage GTE debuts on track at the 6 Hours of Spa on May 5, 2018. You can watch it now in the video above. View 16 Photos Related Video: News Source: Aston Martin via YouTube Motorsports Aston Martin Coupe Racing Vehicles Videos fia wec world endurance championship aston martin vantage aston martin vantage gte