Aston Martin production of their luxury £154,000 DBX SUV started today in Wales. The big four-door model was announced for St Athan, some 20 miles west of Cardiff, in 2016 and over the last four years the company has been converting three massive superhangers into the company’s latest production centre at the former RAF base. It has gradually taken on over 600 employees to make the bespoke … [Read more...]
£1.2 Billion plant promises thousands of Welsh jobs
A £1.2 Billion deal is close to being signed to bring over 3,500 and up to 15,000 jobs with a new massive car batteries plant adjacent to the Aston Martin Lagonda facility at St Athan, in the Vale of Glamorgan. UK start-up battery manufacturer Britishvolt has shortlisted the site at the former RAF base next to where AML (above) started making their luxury DBX SUV in December and where it also … [Read more...]
Newslines 26 May
British Finance Minister Rishi Sunak will rescue companies seen as strategically important on a “last resort” basis after other options run out. The Treasury told Reuters late on Sunday it may try to save those companies whose failure will “disproportionately harm the economy” and that could include Jaguar Land Rover which has been reported as seeking massive assistance to offset losses due to … [Read more...]
AM St Athan begin return to work early next month
Aston Martin’s St Athan factory will begin to return to normal later than initially thought and resume DBX suv production on 5 May. Work at the company’s UK headquarters site in Gaydon will begin later in the month. The majority of its employees are currently furloughed and those who continue to be laid off from 1 May will get 80% of their base salaries from next month. It has also announced … [Read more...]
Global collapse of van production to be felt for 2020
Global commercial vehicle production volumes in 2020 compared to 2019 are forecast to be down 22 percent , some 650,000 units to 2.6 million units, in the wake of the COVID-19 pandemic, according to the most recent analysis from IHS Markit.Individual regional forecasts are set to a downtrend, and supply chain impacts are being felt, as the consequences of the virus have shuttered … [Read more...]
Newslines 20 April
Aston Martin is extending by a week production stoppages at its St Athan DBX plant until 27 April. Production will be suspended from today when it planned to restart because of the current global and local position concerning suppliers and employees, Aston Martin confirmed and Britain's biggest automaker, Jaguar Land Rover, has not set a date for restarting while Nissan said that the production … [Read more...]
Aston Martin St Athan hit by virus fallout
Aston Martin Lagonda has suspended vehicle production at its plants in the UK, including at St Athan, home of its DBX crossover. The company, headquartered in Warwickshire, made the announcement today, and said the decision to halt production – for a scheduled four weeks – from tomorrow was in response to the Covid-19 (Coronavirus) pandemic. Aston Martin’s President and Group CEO, Dr Andy Palmer … [Read more...]
Opposition AMs call for Welsh Government investment probe
Welsh Government’s investment strategy has come into question after Aston Martin Lagonda revealed widening losses and slipping sales. The luxury carmaker was enticed to St Athan in the Vale of Glamorgan by the Labour Welsh Government with nearly £20m worth of taxpayer grants in the hope of boosting the South Wales economy. However, today’s financial report shows the struggling car maker’s … [Read more...]
Tradelines 26 February
The new DBX SUV has been given the Q-treatment of bespoke luxuries and features by Aston Martin. The Welsh-made luxury car will be shown in its latest Q-code design at next week’s Geneva motor show. Volkswagen's adding a range-topping premium model to its flagship Touareg line – the Touareg R. The versatile model’s 340 kW (462 PS) plug-in hybrid drive offers an innovative blend of superlative … [Read more...]
Rethink on EV models for Aston Martin Lagonda St Athan
The brakes have been applied to electric vehicle plans at the Aston Martin Lagonda St Athan plant, it has been reported. The main investor behind a total £500M boost to the company’s balance sheet last week, fashion and motor sport entrepreneur Lawrence Stroll, wants plans and development rebalanced. Aston Martin president and chief operating officer Andy Palmer intended their new Welsh plant, … [Read more...]