HP, Visa, Aramco: Who are the main sponsors of each F1 team? April 27, 2024 The names of F1 teams are getting more and more difficult to remember given the endless number of sponsorship deals within the sport. Here City A.M. has broken down who partners with who, and what that has done to each of the team’s names. BWT Alpine F1 Team BWT is an Austrian manufacturing company. It [...]
Life in the fast plane: Aston Martin defends chief’s £1.3m private jet budget April 14, 2024 Luxury UK carmaker Aston Martin has defended spending over a million pounds for its chief executive to commute from Italy to the Midlands.
Aston Martin and Lamborghini brake manufacturer Surface Transforms eyes growth despite headwinds April 9, 2024 Surface Transforms is looking at sales of £23m this year despite ongoing challenges relating to "high levels of scrap."
Aston Martin poaches top boss of luxury car rival Bentley March 22, 2024 The chairman and chief executive of luxury car maker Bentley has left to take over at rival Aston Martin.
Aston Martin’s losses more than half on higher prices despite hit to wholesale volumes February 28, 2024 Aston Martin losses halved in its full-year results despite a hit to wholesale volumes after production issues with the roll-out of its DB12 model.
Aston Martin in talks with bankers over debt pile as repayment deadlines loom February 13, 2024 Aston Martin is in talks with bankers over how to handle its £1.1bn debt pile, the marque's executive chairman Lawrence Stroll has said.
Aston Martin: Share price plummets as DB12 snarl-ups bite November 1, 2023 Aston Martin's losses halved as strong demand for its hybrid sports cars drove up revenues, but DB12 production issues hampered growth.
Aston Martin share price surges after billionaire Lawrence Stroll ramps up stake September 29, 2023 The group of investors run by Canadian billionaire Lawrence Stroll has ramped up its stake in Aston Martin today to take its stake in the firm beyond 25 per cent.
Renault and Aston Martin backer Geely to launch UK firm injecting £6bn and creating 19,000 jobs July 12, 2023 Renault and Aston Martin backer Geely have announced the launch of a new UK-based powertrain technology company, to manufacture low-emission hybrid and internal combustion engines. An investment of up to £6bn will injected into the new outfit, which will employ 19,000 workers. The two automakers said the new group would operate 17 engine plants and [...]
Aston Martin share price soars after Chinese car giant Geely doubles stake to 17 per cent May 18, 2023 Aston Martin shares soared by more than 12 per cent this morning after Chinese automotive group Geely said it will increase its shareholding to 17 per cent with an investment of £234m. The investment will see Geely almost double its stake in the marque, becoming its third biggest shareholder, just behind Lawrence Stroll’s Yew Tree [...]