Dr Andy Palmer will trade his business suit for a race suit this weekend when he takes on the challenge of competing in a 24-hour motor race. The Aston Martin President and CEO will race in the Hankook 24 Hours of CoTA (Circuit of the Americas) in Austin, Texas on 11-12 November. Naturally, Palmer’s car of choice is the Aston Martin Vantage GT8, the very same car that won its class at the Nürburgring 24 Hours earlier this year. He will share driving duties with Paul Hollywood, John “The Voice of Le Mans” Hindhaugh and Peter Cate.
Aston Martin CEO Dr Andy Palmer has been selected to become an ambassador for the UK Government’s GREAT Britain campaign, an initiative that promotes British business, tourism and education around the world, showcasing the very best of what Britain has to offer. British luxury carmaker Aston Martin is already a partner of GREAT so it is fitting for the company’s CEO to spearhead its involvement. Speaking about his ambassadorial role with the GREAT campaign, Dr Palmer said: “Aston Martin is proud to be a British company that does business in the global economy. Just a few weeks ago we launched the new DB11 and we have already taken orders for 1,400 cars, which will be sold in both the domestic and export markets. “Britain is indeed a GREAT place to visit, study and do business so it is very easy […]
Aston Martin Lagonda today announced that with the leadership of its major shareholders, it has arranged additional committed funding of £200 million, enabling the 102-year old luxury sports car manufacturer to develop significant new luxury models that will drive the future of the company under its strategic business plan. The additional capital investment comes in the form of £200 million of preference shares; £100 million of which were issued on 29 April 2015 with the remaining £100 million – already subscribed for – to be issued in the next twelve months, and will further expand the previously announced investment plan. This major investment in new luxury models is at the core of Aston Martin’s strategic vision. Under the plan, the company will expand into the luxury GT crossover market with the introduction of a new vehicle based on the DBX […]
Aston Martin has announced it will widen its product offering for markets outside of Europe. Based on a conditional offer of an exceptional regional growth fund from the UK Government, Aston Martin will commence work this year on new models intended to broaden its customer reach in export markets such as China and the Middle East. The UK Government has committed support up to the value of £6.9 million, conditional on investments in new products from Aston Martin. Commenting on this news, Aston Martin CEO, Dr Andy Palmer said: “Expanding our product range to enable a greater reach into export markets is an essential part of our Second Century business plan. Having this support from the Government to help execute the plan is a meaningful vote of confidence in the future of the company.” Press release courtesy Aston Martin, 29 March 2015, […]