2009 Aston Martin on 2040-cars

Auto blog

Aston Martin CEO Andy Palmer to leave in favor of AMG chief Tobias Moers

Aston Martin Chief Executive Andy Palmer is leaving the business as part of a management shake-up and will be replaced by Tobias Moers, CEO of Mercedes-AMG, a source familiar with the matter told Reuters on Sunday. The luxury carmaker said in an emailed statement that it is reviewing its management team but declined to comment on Palmer's fate. Palmer and Germany's Daimler, which owns a 5% stake in Aston Martin and supplies the carmaker with Mercedes-AMG engines, also declined to comment. The Financial Times newspaper had reported earlier that the Aston Martin chief was going to leave as part of a shake-up of its leadership, with an official announcement expected on Tuesday. Palmer had not been informed of the upcoming announcement, the newspaper reported. Aston Martin, famed for being fictional secret agent James Bond's car of choice, 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. The company has been banking on its sport utility vehicle to drive sales in a new segment, and said production was on track. In January, dire conditions forced the company to bring in Canadian billionaire Lawrence Stroll who bought a roughly 20% stake for nearly 200 million pounds ($263 million), as the ailing carmaker sought to raise funds. The coronavirus pandemic and shutdowns caused by it have hit demand and forced factories around the world to suspend production, negatively impacting many industries, including car manufacturers. "We were obviously fairly significantly hit by COVID-19, starting with China in January but more clearly in what we saw as it came across towards Europe and the United States," Palmer told Reuters earlier in May. Related Video:

Aston Martin Rapide E opens four doors to the company's electric future

At last, the production Aston Martin Rapide E is ready to dance. Developed in conjunction with Williams Advanced Engineering, the carmaker and the Formula One engineering firm did their best to make the most of an aged platform that was last combined with a 595-horsepower V12. In place of the 6.0-liter 12-cylinder, gearbox, and gas tank in the Rapide AMR, there now sits a 65-kWh battery sheathed in a carbon fiber and kevlar case. It powers two electric motors on the rear axle, the power figures a combined 604 hp and 700 pound-feet of torque. The juice powers the 4,387-pound fastback to a 4.2-second dash to 62 miles per hour. Range is said to be 200 miles on the WLTP cycle, which could mean anywhere from 140 to 180 miles in our numbers. The 800-volt electrical architecture permits charging rates of 300 range-miles per hour when hooked up to the proper outlet delivering 100 kW or more. On top of that, since Aston Martin only plans to build 155 examples of the Rapide E at the carmaker's new St. Athans, Wales, facility, the cries about range anxiety should be muted. The aluminum and carbon fiber bodywork has been submitted to a regime of aero efficiency and shedding superfluous ICE bits. Honeycomb fills the grille aperture and housings formerly used for fog lights, while less air is allowed to flow through the bodywork. A new underfloor hooks up to a larger rear carbon fiber diffuser. The 21-inch forged aero wheels wear low-rolling resistance Pirelli P Zeros. Three driving modes work with an adaptive suspension and limited-slip differential, in an attempt to keep the powertrain swap from eliminating the brand's trademark thrills. Inside, a 10-inch digital display supplants the horologically jeweled dash cluster Aston Martins are known for. A companion app conveys typical EV information remotely, and can also tell owners where the car is parked and provide walking directions to the spot. The Rapide E order book is open now, the price only disclosed "on application." Aston Martin's electric future begins now, and James Bond will be the first person to make the trip there.

Aston Martin DBX spied looking like a finished product

The Aston Martin DBX is inching closer to its December reveal, and today we get to see the SUV in its most finished form yet. One of our spy shooters managed to catch a DBX out and about with production headlights, taillights, door handles and rear fascia. It’s great to see the DBX like this, because until now weÂ’ve only seen it in the mule-like form that Aston wanted us to see. Taking a look at the rear end is where things really start coming together. Instead of the odd, pod-like taillights, some slick and thin light fixtures extend from the ducktail spoiler into the rear fender. They look proper on the rear end of the SUV. Just a bit below these are the two exhaust outlets. ThereÂ’s still plenty of camouflage about, but the exhaust tips and molding around it appears to be production-spec. ItÂ’s interesting to see the exhaust so high up on the rear bumper in an SUV, and they also stick out a fair amount. Just watch for the flaming hot tips when loading and unloading items directly after driving it. We also gain a better understanding of what the grille is going to look like up front. Instead of the wire mesh weÂ’ve been looking at before, this maw has actual slats and a defined shape. The headlights look like production units, and there are cutouts for possible foglights down there, too. Instead of the unfinished rear door handles, Aston appears to have installed the electric pop-out units weÂ’ve been seeing in the front for awhile. There are more creases and muscular lines visible all over the vehicle that were covered up previously, too. As September quickly approaches, the DBXÂ’s reveal in December isnÂ’t that far out anymore. A few more months will pass, and then the first Aston Martin SUV will be out. There will be plenty of Mercedes-Benz part sharing, but weÂ’re still excited to see what an Aston SUV ends up like