Luxury carmaker Aston Martin Lagonda has received a large investment from Saudi Arabia as it raises £650 million of capital to pay down its debt, which is currently costing it £130 million a year in interest. However, despite the large sum, Aston Martin has not been successful in raising the cash required to invest in […]
On Wednesday, luxury carmaker Aston Martin Lagonda named former Ferrari boss Amedeo Felisa as its new chief executive officer, succeeding Tobias Moers who joined the company in 2020. Moers is set to step down with immediate effect and Felisa will also be appointed as CEO with immediate effect. Felisa currently serves on Aston Martin’s board […]
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