The AMG-built V8 headed to future Aston Martin vehicles won’t be the only powerhouse pushing the British exotic car brand into the future.
Aston Martin announced today that it will appoint former Nissan executive Andy Palmer as its new chief executive officer. The Gaydon, U.K.-based company didn’t say when Palmer will assume his new role, but only that it would happen after a transitional period with Nissan where Palmer currently serves as executive vice president, chief planning officer and as a member of the company’s executive committee.
Palmer’s appointment is part of a plan by Aston Martin’s Kuwaiti and Italian owners to breathe new life into the struggling brand over the next five years. The company will source its engines from Mercedes’ AMG performance arm and is currently in the process of developing a new rear-wheel drive sports car platform that will underpin its future generation of vehicles.
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