The largest ever gathering of Aston Martin models and their owners in Wales converged on St Athan yesterday to mark the official “move in” by the car maker. Historic and European models were assembled in the enormous ex-RAF hanger, which is being converted to an assembly hall for the new sports cars, as part of their Spring Concourse. There was a … [Read more...]
Welsh firms can apply for £60M Aston Martin contracts
Aston Martin contracts worth over £60million are up for grabs to businesses across Wales. It comes as a result of Welsh Government’s decision to open up its Sell2Wales procurement channel to the luxury car maker, said First Minister Carwyn Jones. It is the first time that private sector contracts have been advertised on Sell2Wales and will … [Read more...]
Aston Martin refinancing to fund exciting new models
Aston Martin is refinancing its investments as a new model programme rolls out with the new plant in South Wales coming on stream over the next two years. The luxury car-maker needs to refinance almost $600 M in debt coming due next year and it's seeking to replace it with £ 530 M in new dollar and sterling-denominated bonds. Research firm CreditSights … [Read more...]
Newslines 20 December
The proposed joint venture EV platform underpinning next generation Nissan LEAF and Renault Zoe models will be used by Mitsubishi as well, says Japanese media. Mitsubishi was recently acquired by Nissan after it got into financial difficulties and has its own EV platform in the Outlander, so the future models to carry its tri-diamond badge are … [Read more...]
Inside Aston Martin’s St Athan centre
These are the first images of the luxurious visitor reception area for the proposed Aston Martin car plant at St Athan. The contract has been awarded to Ammanford construction company TRJ and a rapid conversion is underway of military buildings on the site into company offices and a VIP centre as well as restaurant for workers on site. Aston Martin … [Read more...]
“Made in Wales” identity plate for St Athan Aston Martin SUV
The forthcoming Aston Martin SUV which will go into production at St Athan will carry a “Made in Wales” identity plate. The decision was revealed last night by Aston Martin Lagonda CEO Andy Palmer as guest speaker at the Welsh Automotive Forum Networking Dinner, held near Cardiff. He told guests, “All our luxury sports cars have carried a Made in … [Read more...]
Aston Martin secure ex-Ferrari man
Aston Martin has appointed Maximilian Szwaj as its new Vice President and Chief Technical Officer. In this executive role, Max will be responsible for Aston Martin’s global engineering operations and will report directly to President and Chief Executive Officer Dr Andy Palmer and be based at the company’s headquarters at Gaydon. Commenting on the new … [Read more...]
Aston Martin Vanquish S raises the bar
Aston Martin has turned up the heat on it’s ultimate Super GT to create the new Vanquish S. Sharper styling, greater potency and increased athleticism define this latest evolution of an illustrious model line that originated from Aston Martin’s legendary Works in Newport Pagnell and has proudly served as standard bearer for the marque’s sporting and … [Read more...]
Wales automotive industry is showpiece
The automotive sector shows how enterprises and start-ups can succeed in Wales. They are part of a new Welsh Government campaign to sell Wales to the world as a country for investment and good life qualities. Aston Martin, which is building a new car assembly plant at St Athan (above), Cardiff-based Admiral and Riversimple of Llandrindod … [Read more...]
Year of opportunity for auto-suppliers to build on
It has been a momentous year for the automotive sector in Wales and Welsh Government wants to develop growth and opportunities throughout the supply chain, said Economy Secretary, Ken Skates at Autolink 2016 this morning. He told representatives from over 240 businesses meeting at Cardiff Stadium that the UK automotive sector last year saw 1.68M vehicles … [Read more...]