Aston Martin Lagonda Global Holdings PLC announced on Wednesday that it decided to reduce its workforce by 5% in a bid to lower costs and boost future investments.The luxury carmaker's CEO Adrian Hallmark said in a statement that the company is expected to save around £25 million with the...
Coinbase announced on Friday a multi-year global partnership with the Aston Martin Aramco Formula One team, making the crypto exchange its exclusive crypto partner.The deal, funded entirely in USDC stablecoin, aims to integrate blockchain technology into motorsport while expanding...
Aston Martin Lagonda Global Holdings Plc announced on Friday that it has named Bentley Motors Limited Chief Executive Officer (CEO) Adrian Hallmark as its new CEO, confirming earlier reports on the matter.
The company said in a statement that Hallmark will debut in the CEO role "no later than 1...
Aston Martin Lagonda Global Holdings Plc is expected to appoint Bentley Motors Limited Chief Executive Officer (CEO) Adrian Hallmark as its new CEO, the Financial Times reported on Friday, citing two sources with knowledge of the matter.
According to the report, Hallmark is set to join Aston Martin...
Shares of Aston Martin Lagonda Global Holdings Plc plunged more than 17% on Wednesday after the luxury carmaker reported worse-than-expected results for the third quarter and cut its volume outlook due to production problems experienced in the trimester.
"The DB12 production ramp up was...
Shares of Aston Martin Lagonda Global Holdings PLC and Lucid Group Inc. rallied on Monday after the two companies announced their battery electric-vehicle partnership agreement.
At 10:05 am ET, Aston Martin shares traded on the New York Stock Exchange surged 11.81% to $4.64 per...
Luxury carmaker Aston Martin Lagonda Global Holdings PLC announced on Monday that it reached an agreement with Lucid Group, which will supply it with select powertrain components for initial and future battery electric vehicle (BEV) models.
"The supply agreement with Lucid is a game changer...
Shares of Aston Martin Lagonda Global Holdings plc surged more than 14% on Thursday after the luxury carmaker disclosed a "substantial" £234 million investment in the company by Chinese automaker Geely Holding.
Under the investment agreement, Geely will raise its stake in Aston Martin to 17% by...
Former Formula 1 world champion Fernando Alonso will drive for Aston Martin from next season, the team announced on Monday.
"Aston Martin Aramco Cognizant Formula One Team is delighted to confirm that Fernando Alonso will join the team in 2023 on a multi-year contract," the team...
Saudi Arabia's Public Investment Fund (PIF) would be holding talks with Aston Martin for a stake in the business as this company is looking for additional funds for its next range of cars, Financial Times reported on Thursday, citing people with knowledge of the topic.
Discussions are at an early phase....
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