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Aston Martin sacks chief Andy Palmer after shares plunge

1 month ago   |   By The Guardian

Luxury car maker expected to hire Mercedes-AMG's Tobias Moers as next CEO as valuation falls to below £500m Aston Martin is sacking its chief executive, Andy Palmer, following a 98% collapse in the luxury car company's share price since it floated on the stock market less than two years ago. The company, famous for making James Bond's favourite car, is expected to announce on Tuesday that it is replacing Palmer, who has served as Aston Martin's CEO since 2014, with an executive from Mercedes.
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Aston Martin boss Andy Palmer set to be replaced by AMG boss Moers

Aston Martin boss Andy Palmer set to be replaced by AMG boss Moers

1 month ago   |   By Autocar

Aston confirms management talks following Financial Times report that AMG boss Tobias Moers is being lined up to take top job on Tuesday
Aston Martin has confirmed it is reviewing its management team, following speculation that boss Andy Palmer will be replaced at the helm of the company by AMG boss Tobias Moers on Tuesday in a report in the Financial Times .
The British sports car maker has responded to the report in a brief written statement. It said: "Aston Martin Lagonda notes recent press speculation. The company confirms that it is reviewing its management team and a further...
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Girl, 13, is killed after car hits two people in North London

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Girl, 13, killed after being struck by a car in north Londonng 

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