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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 DBX and the craziest car redesigns | Autoblog Podcast #716

In this episode of the Autoblog Podcast, Editor-in-Chief Greg Migliore is joined by Senior Editor James Riswick. They chat about slumming it in the Aston Martin DBX, the brand's first SUV, which they didn't have terribly high expectations for yet utterly blew them away. Riswick in particular notes it's one of the best cars he's ever driven, describing it as a family GT car. They then switch to a very different family vehicle: the 2022 Kia Carnival, and the unique second-row seating arrangement we've dubbed the "Captain Kirk chair." Greg has also been driving the Chevrolet Tahoe Premier. They also chat about two of Riswick's recent features: the 20 craziest car redesigns of the past 20 years and the best cars for snow.  Autoblog Podcast #716 Get The Podcast Apple Podcasts – Subscribe to the Autoblog Podcast in iTunes Spotify – Subscribe to the Autoblog Podcast on Spotify RSS – Add the Autoblog Podcast feed to your RSS aggregator MP3 – Download the MP3 directly Rundown Cars we're driving Aston Martin DBX 2022 Kia Carnival 2022 Chevy Tahoe Features 20 craziest car redesigns of the last 20 years Best cars for snow Feedback Email – Podcast@Autoblog.com Review the show on Apple Podcasts Autoblog is now live on your smart speakers and voice assistants with the audio Autoblog Daily Digest. Say “Hey Google, play the news from Autoblog” or "Alexa, open Autoblog" to get your favorite car website in audio form every day. A narrator will take you through the biggest stories or break down one of our comprehensive test drives. Related Video: 2022 Chevy Tahoe Premier Walkaround | Autoblog Short Cuts

2020 Aston Martin DBS GT Zagato revealed with 'fluttering' grille, no rear window

The 2020 Aston Martin DBS GT Zagato has finally been revealed in new renderings of the production vehicle from the British sports car builder. This is the car that's only being sold in pairs with the continuation DB4 GT Zagato, and only 19 pairs of the two models will be built. It also looks a whole lot like its predecessor, the Vanquish Zagato. It has the rocket booster taillights, exaggerated rear fenders, double-bubble roof and enormous front grille, but there are differences, some of which are particularly unique. Take the front grille, for example: Besides lacking the dual round fog lights of the Vanquish example, the DBS grille is active. According to Aston Martin, the grille is made up of 108 individual pieces of carbon fiber, and when the car is shut off, they all move to make the grille solid and flush with the body. Then when the car fires up, they all move to allow air through. The company describes it as the car appearing to "flutter" to life. Then there's the roof, which is one piece of carbon fiber that stretches from the windshield to the edge of the trunk lid. It's a gorgeous piece that adds a two-tone look and highlights the double-bubble design. It also lacks any molded-in louvers to allow rear visibility. To get around that, Aston Martin has added a rear-view camera that displays images in a screen where the mirror would go, just like GM's mirror screen. Those are the most unique design tweaks, but there are more subtle ones, too. The whole car looks lower and longer than the Vanquish, in part thanks to the DBS' leaner body. The side vents are longer. The rear taillights are smaller and incorporated into a black finish panel. There also aren't deep side skirts. Instead, the rocker panels are rounded and tucked in like on a '60s sports car. Final specifications for the DBS GT Zagato are still unclear, but the company has said that the car will be based on the DBS Superleggera. That means it will have a twin-turbo 5.2-liter V12 making at least 715 horsepower and 664 pound-feet of torque. That's significantly more than the Vanquish Zagato's 576 horsepower. Production begins in 2020, and pricing for this and its DB4 continuation partner is $7.9 million.