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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:

Snap up the only all-aluminum Aston Martin V12 Zagato Coupe in the world

Roses are red, violets are blue, and neither are remotely as beautiful as this extremely rare 2012 Aston Martin V12 Zagato Coupe sporting Aston Martin Racing Green. The only example of its kind, It's currently listed for sale in the U.K. Offered by Bell Sport & Classic, this V12 Zagato is the top layer of the cream of the crop. The engine plaque says the car is No. 2 of 2, but in reality, it's one of one. While the first of the two pre-production prototypes was built using part aluminum, part carbon fiber for the body, this example was built entirely out of aluminum. The two pre-pro cars were used for events, and customer viewings, and toured around the globe.  In total, a few more than 60 Aston Martin V12 Zagato Coupes were produced (some report 61, others say 64). It was unveiled at the 2011 Concorso d’Eleganza Villa dÂ’Este as a tribute to the 50th anniversary of the DB4GT Zagato. Under the hood, it has a V12 that originally made 510 horsepower, and it shares mechanical parts from the V12 Vantage. It features several typical Zagato style characteristics, such as the double-bubble roof, wide-open grille, short body overhangs, and circular rear lighting. This example is right-hand-drive and features a manual transmission. Despite its status as a pre-production vehicle, it has been owned before. Aston Martin had possession of the vehicle until 2016, when Zagato was set to take ownership for its own collection, but "a very special Aston Martin client" finessed it away from the manufacturers. Before he took the car in, it was given a "full recommissioning." Originally Titanium Grey, it was repainted Aston Martin Racing Green, and the interior was retrimmed as well.  The 2012 Aston Martin V12 Zagato Coupe is currently available for purchase.  Related Video:

2019 Aston Martin DBS Superleggera Volante breaks cover

With less than a month to go before the official unveiling, it appears that the 2019 Aston Martin DBS Superleggera has been spied in Volante convertible form. The car is very clearly related to the DB11 GT sports car currently available, but with a number of updates. It should also be lighter (hence the Superleggera name) and more powerful. The most notable exterior change is in the front fascia, particularly the main grille. The traditional Aston grille shape has been stretched downward in the style of the Rapide and the Vantage AMR Pro. It also ditches the classic slats for an aggressive black mesh. Flanking the grille are two large air inlets that surely provide more cooling to the engine. Their positioning would be ideal for brake cooling, too. On the hood, the new DBS Superleggera gets two large vents right in the middle. Based on a teaser image, there will be Superleggera badging in a classical script next to the vents. The hood also has a bit of a raised dome down the middle. Moving around to the side, the car is basically unchanged save for deeper side skirts. The rear also lacks much in the way of changes. It has sprouted an additional pair of exhaust tips. Interestingly, each side has a small tip and a large one. We're not sure if this is a stop-gap measure for the prototype, or if the different-sized tips will be a production feature. When the car is revealed in June, it will come with a version of the twin-turbocharged 5.2-liter V12 found in the DB11. It will almost certainly have more power than existing DB11 models, meaning it will have more than the 630 horsepower of the DB11 AMR. Rumors have even indicated as much as 700 horsepower. With the Superleggera name, it will likely be lighter than existing DB11s, too. And of course, expect a price above other DB11s. Related Video: Featured Gallery 2019 Aston Martin DBS Superleggera spy shots View 24 Photos Image Credit: SpiedBilde Spy Photos Aston Martin Convertible Luxury Performance Supercars aston martin db11 aston martin dbs superleggera