Aston Martin CEO Andy Palmer is reportedly on his way out of the door, set to be replaced by AMG boss Tobias Moers. The reshuffle comes a trying two years for the luxury carmakery, with its valuation plummeting from £4.3bn in 2018 to £540m after it was floated. 'The company confirms that it is reviewing its management team and a further announcement will be made as and when appropriate,' Aston Martin said. AMG boss Moers is expected to be announced as Palmer's replacement. Aston Martin recently received a massive cash injections courtesy of investor Lawrence Stroll, who not only bought shares in the business but also, at least reports suggest, persuaded his good friend and Mercedes...
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