Aston Martin
| Use attributes for filter ! | |
| Web site | www.astonmartin.com |
|---|---|
| Headquarters | Gaydon |
| United Kingdom | |
| Ceo | Andy Palmer |
| Founded | London |
| United Kingdom | |
| Revenue | 876 million GBP (2017) |
| Founders | Lionel Martin |
| Robert Bamford | |
| Date of Reg. | |
| Date of Upd. | |
| ID | 525863 |
About Aston Martin
Aston Martin Lagonda Global Holdings plc is a British independent manufacturer of luxury sports cars and grand tourers. It was founded in 1913 by Lionel Martin and Robert Bamford.
Rishi Sunak vows not to add 'unnecessary' costs to meet green targets
... Climate apathy The newspaper also reported they are considering an " Aston Martin exemption" to the 2030 car sales deadline, under which smaller carmakers would be given longer to switch to electric vehicles...
Car parts giant mulls US move over green subsidies
... And the former Aston Martin boss said the entire UK car industry was at risk...
Warning UK car industry under threat without help
... The sector is facing the " last throw of the dice" said Mr Palmer, who has had senior jobs at Nissan and Aston Martin...
Mercedes-Benz becomes latest Western company to pull out of Russia
... Other car firms, including Jaguar Land Rover, General Motors, Aston Martin and Rolls-Royce, all halted deliveries to the country in the early months of the war...
Lottery winner who gave away half of £115m fortune 'addicted' to helping
... Their biggest personal expenditure was a six-bedroom house in County Durham with seven acres of land, while Mr Connolly drives a second-hand Aston Martin...
Ukraine conflict: Growing numbers of firms pull back from Russia
... CarsJaguar Land Rover (JLR), General Motors, Aston Martin and Rolls-Royce are among the car-makers which have halted deliveries of vehicles to Russia due to the conflict, while Cars are the biggest UK export to Russia, but still only 1% of UK cars went to Russia last year...
Saudi Arabia Grand Prix: A race for equal rights
... The Aston Martin driver, which in this case means a straight person who supports the rights of LGBT people...
Bentley: luxury car maker to cut up to 1,000 jobs
... And Aston Martin, the British luxury car manufacturer, known for kitting out James Bond, 500 redundancies announced on Thursday, a week after the appointment of a new chief executive...
Warning UK car industry under threat without help
By Michael RaceBusiness reporter, BBC News
The UK's car industry could disappear unless the UK follows the US and EU to help with the transition to electric, a veteran of the sector has warned.
It was " probable" car firms would leave the UK without a huge subsidy package similar to the billions in help the US is providing, Andy Palmer said.
The sector is facing the " last throw of the dice" said Mr Palmer, who has had senior jobs at Nissan and Aston Martin .
The chancellor has said the UK will not go " toe-to-toe" with the US and EU.
Jeremy Hunt that the UK's approach to attract investment would be " better".
Mr Palmer is now chairman of electric battery firm Inno-bat, but has previously worked as chief operating officer at Nissan, former chief executive of Aston Martin .
He told The Bbc 's Today programme that said the UK was " managing decline" in its car-making industry, but had a " last opportunity" to boost the sector and jobs in The Move to electric vehicles.
However, he warned huge subsidy packages were needed for UK-based companies, similar to such schemes announced in the US and being consulted on currently by the EU>
If such schemes are not created, Mr Palmer said it was " not only possible, it's probable" that The Car manufacturers currently based in the UK would leave and go elsewhere.
" You are into a period of either you Compete . . or you manage The Decline of The British industry down to fundamentally next to zero, " He Said .
" We have The Last throw of the dice in order to bring back some part of that industry, if we don't then we have to look for alternative employments for the 820,000 people. "
Different approachThe warning comes after the US announced the Inflation Reduction Act (IRA), which offers billions of dollars in subsidies and tax credits to US businesses producing greener technologies, including electric vehicles, renewable electricity and Sustainable Aviation fuel.
The EU has responded with plans for a Net Zero Industry Act to increase its subsidies for green industry.
Mr Hunt said the UK would not go toe-to-toe with its allies and get involved what he called " some distortive global subsidy race".
" Our approach will be Different - and better, " Mr Hunt said.
The Number of new cars made in the UK sunk to its lowest level for 66 years in January, with firms warning the country
Figures from The Society of Motor Manufacturers said The 10 % drop was the worst performance since 1956.
The US's move already has vocal critics in the UK government, with Business and Trade Secretary Kemi Badenoch describing it as " protectionist" and Energy Secretary Grant Shapps stating it was " dangerous".
Some fear it gives the US an unfair competitive advantage, and that it is an attempt to lure high-tech manufacturing companies to the US.
" With The Threat of protectionism creeping its way back into The World economy, the long-term solution is not subsidy but security, " Mr Hunt said.
Related TopicsSource of news: bbc.com
