Nissan's Andy Palmer is new Aston Martin CEO

Andy Palmer leaves Nissan to take over as CEO of Aston Martin with Philippe Klein taking his role at Nissan

Andy Palmer

Andy Palmer, Nissan executive vice president and number one in our Brit List 2012, has left Nissan to become the new CEO of Aston Martin.

Nissan has released a statement saying that Palmer’s replacement from September 15 will be Philippe Klein, who joins from Renault where he was an executive vice president.

It’s unclear when Palmer will start at Aston Martin but the recruitment process has clearly been a long one, with former CEO Ulrich Bez standing down late last year. 

Palmer will have to continue to try to make up the ground that lies between Aston Martin and other sports car manufacturers like Bentley, whose sales continue to go from strength-to-strength.

With ownership of the brand split among Investindustrial, Investment Dar and –more recently – a 5 per cent stake belonging to Daimler, Palmer will be helping develop the business while keeping all of Aston’s investors happy.

Surely helping the process is the tie-up between Aston Martin and Daimler that will see engines and electrical equipment split between the two brands – not too dissimilar to the experience that Palmer had with the Renault-Nissan alliance.

As for Aston’s future plans, there’s a question mark over the SUV project, but there’s an all-new architecture for its sports cars under development that will debut with a DB9 replacement in late 2016. Power could come from AMG’s new 4.0-litre V8 turbocharged engine. 

Aston’s Chief Financial Officer, Hanno Kirner confirmed that Aston “will, in the next few years, be implementing the biggest investment programme in our 101-year history, preparing the ground for new and exciting products in the future.”

Recommended

Best British modern classic cars 2022
Best British modern classics - header image
Modern classics

Best British modern classic cars 2022

Britain has its fair share of automotive icons, with many now finding themselves at a tempting price
24 May 2022
“Aston Martin desperately needs a clear direction for its future”
Opinion - Aston Martin
Aston Martin

“Aston Martin desperately needs a clear direction for its future”

After Tobias Moers’ departure as CEO, editor-in-chief Steve Fowler thinks Aston Martin now needs some stability
11 May 2022
Aston Martin replaces Tobias Moers with former Ferrari boss
Tobias Moers
Aston Martin

Aston Martin replaces Tobias Moers with former Ferrari boss

Amedeo Felisa takes over from Tobias Moers as Aston Martin chairman Lawrence Stroll rings the changes.
4 May 2022
The 10 BIG questions for the 2022 Formula One season answered
Two Formula 1 cars on track
Formula One

The 10 BIG questions for the 2022 Formula One season answered

Totally reinvented cars, new-generation drivers on the up and a resumption of the intense Hamilton-Verstappen rivalry – F1 in 2022 promises to be a cr…
16 Mar 2022

Most Popular

Citroen Ami on sale in the UK this summer from £7,695
Citroen Ami UK - front static
Citroen Ami

Citroen Ami on sale in the UK this summer from £7,695

The compact quadricycle is pricier than first thought, but the Citroen Ami will still be the UK’s cheapest ‘car’
24 May 2022
New Toyota GR86 2022 review
Toyota GR86
Toyota GR86

New Toyota GR86 2022 review

The GT86 has evolved into the GR86, gaining a bigger engine, a stiffer shell and chassis tweaks. Is it now affordable sports car perfection?
26 May 2022
New SsangYong Musso Saracen 2022 review
SsangYong Musso Saracen - front tracking
SsangYong Musso

New SsangYong Musso Saracen 2022 review

The 2022 SsangYong Musso pickup features sharper looks and a new diesel engine
25 May 2022