article thumbnail

Report: Aston Martin Seeking Fourth CEO in Four Years

The Truth About Cars

Aston Martin is reportedly reaching out to candidates to replace Amedeo Felisa as the company’s chief executive officer, potentially setting the business up to have its fourth CEO in four years. The company’s share price has also been trending downward since 2018, though it has remained mostly flat since October of 2022.

article thumbnail

Mercedes-Benz AG and Aston Martin to expand technology partnership and shareholding; hybrid and electric powertrains

Green Car Congress

Mercedes-Benz AG and Aston Martin Lagonda Global Holdings plc announced a new strategic technology agreement and an enhanced partnership. Access to these technologies will be granted in exchange for new shares in Aston Martin, issued in several stages over the next 3 years, up to a total value of £286 million (US$373 million).

article thumbnail

Aston Martin, TenCate Advanced Composites partner for Valkyrie program

Green Car Congress

TenCate Advanced Composites, a leading global developer and manufacturer of advanced composite materials, and Aston Martin announced a technical partnership for the Aston Martin Valkyrie hypercar program. This technical partnership is the first advanced composite material partnership for Aston Martin.

article thumbnail

Aston Martin and LeEco partner to co-develop RapidE EV for market intro in 2018; potential to add Faraday Future

Green Car Congress

China-based technology company LeEco and Aston Martin have signed a Memorandum of Understanding (MOU) towards the creation of a partnership that will develop a production version of the Aston Martin RapidE electric vehicle concept—a fully electric version of the Rapide S four-door sports sedan. Earlier post.).

article thumbnail

Williams Advanced Engineering and Unipart Manufacturing Group form automotive battery JV; Aston Martin launch customer

Green Car Congress

The launch customer for Hyperbat batteries is the Aston Martin Rapide E, which will be a limited production run. The products from the facility will meet global vehicle battery standards, including ISO26262 from the outset. It was established to build a high-performance, low-volume, flexible battery capability in the UK.

article thumbnail

F1 Drama After Whistleblower Accuses FIA President of Shenanigans

The Truth About Cars

A 10-second penalty was issued when the Aston Martin crew touched Alonso’s car while it was enduring a separate 5-second penalty in the pit lane — something that is explicitly against the rules. According to BBC Sport , Ben Sulayem was said to have intervened to overturn a time penalty issued to Fernando Alonso during the race.

article thumbnail

Global Automakers calls on EPA to withdraw proposed determination on MY 2022-2025 GHG standards, get back in alignment with NHTSA, provide more time

Green Car Congress

Global Automakers and its members remain committed to the goals of one national program and therefore are asking the EPA to withdraw its Proposed Determination, or at the very least grant an extension of the current 30-day comment period. —John Bozzella, President and CEO, Global Automakers.

EPA 150