Aston Martin CEO Andy Palmer named three leads for new vehicle programs when he took the reins, now the company is looking for the money to give those leads something to do. Reuters reports that the Gaydon firm is considering debt or equity financing to raise 100 to 150 million pounds ($156M to $234M US) in funding for "an expansion from the current model range," according to an unnamed source. On top of that investment round, Aston Martin is overhauling its working capital streams to unlock mor
Aston Martin has a very interesting future ahead of it. While the British brand appeared to be struggling with aging tech for a while, fresh investment from Daimler may have shown a light toward the future with the brand getting engines and electronics from them. Also, former Renault-Nissan top exec Andy Palmer has jumped ship from the French/Japanese automaker to become CEO of the much smaller sports car company. Interestingly, though, new reports from unnamed Nissan sources have indicated that
Aston Martin has been without a helmsman since Ulrich Bez stepped down from the chief executive office at the end of last year to serve as non-executive chairman in a semi-retired ambassadorial capacity. The British automaker, now on the cusp of a new era, has been running without a CEO since, but has now named Bez's replacement in Andy Palmer.
The Nissan Cube is on its way out here in the US and Canada. In a way, that's too bad, simply because the Cube's styling was nothing if not distinctive – much like the company's own Juke. However, the flame for uniquely styled models is indeed still burning over at Nissan.
The name of the game these days in the luxury marketplace is premium compacts. BMW has the 1 Series and 2 Series, Mercedes the A-Class, B-Class, CLA and GLA, Audi has the A1 and A3, even Lexus has the CT 200h. Among the last to get in on the action is Infiniti, but that's all about to change.
The next-generation Nissan Leaf battery-electric vehicle will look better and go farther on a single charge, company executives tell Automotive News. How much better and how much farther remains to be seen, as does the timing on when the new version will be available to the public.
It's a rare thing for pie-in-the-sky concepts to make production relatively unmolested. Edges are usually softened, mirrors made bigger and wheels shrunken into something that will be less backbreaking and easier to see out of on public roads. And while the essence of many concepts can still find their way into production, the wackier parts found in their concept forms often end up as nothing more than flights of fancy.
While we had been told it was coming in 2014, the exact release date of the production version of the Infiniti LE concept might just might hinge on something you can't see and that the Japanese automaker can't control: wireless charging infrastructure. That's the word from Autocar, which talked to Nissan executive vice president Andy Palmer, who admits that wireless charging "is this technology we want to shine a light on, so while there is no world standard on methods, the rollout will be depen
Nissan has announced that it is going to offer a bit more security to Leaf owners than soothing words and lemon buybacks when it comes to degrading battery capacity. In a note published on My Nissan Leaf (and available below), Andy Palmer, Nissan's executive vice president, writes about a new enhancement to the "warranty coverage of the battery system that powers the Nissan Leaf."
Chelsea Sexton, founder of the Lightning Rod Foundation, a co-founder of Plug In America, and star of Who Killed the Electric Car, recently sat down with Andy Palmer, executive vice president of Nissan, to discuss the Nissan Leaf and its battery degradation crisis in Arizona. You can watch the 16-minute video below, but here's the gist.
If you couldn't make it to Los Angeles for the 26th annual Electric Vehicle Symposium this week, you can still listen in live some EV experts discuss the next stage of the modern EV era, the one when the "emerging mainstream" begins to investigate plug-in cars. Specifically, according to the promotional material for the panel, which takes place today, May 9, at 10:30 a.m. PST:
When Hyundai rolled out their outrageously styled Sonata three years ago, car buyers took notice. It's eye-catching exterior styling, well-appointed interior and affordable price was just what a lot of family sedan buyers wanted.
Cyber crime is big business these days, and everyone from organized crime rings to governments are participating. The latest publicized attack was announced by Nissan, after the automaker detected malicious malware on its computer network.
Few electric vehicles are actually "zero emissions," but calculating the exact carbon footprint of an EV can be daunting. Not only do different utilities each use a different mix of coal, nuclear, hydro, wind, and solar, many areas also offer individuals the opportunity to buy "greener" power. These deals don't actually guarantee the source of the electrons arriving at your home, but they can help ensure that your utility expands or purchases power from sources that are more environmentally frie
It may be a while before buyers get their hands on the next-generation Nissan Titan. Automotive News reports that the vehicle has encountered engineering delays brought about by this year's earthquake and tsunami tragedies in Japan, and now the next-gen pickup may not debut until the 2014 model year. The news comes courtesy of Andy Palmer, executive vice president for vehicle planning and program management at Nissan, who said that he made the decision to delay the vehicle's development.
Running a luxury brand used to be simple. Tart up a few mass-market sedans with leather interiors and power accessories, slap on a big hood ornament, jack the price through the roof, then sit back and watch the gravy train flow. These days it couldn't be more different. You need dedicated luxury platforms and halo cars and marketing tie-ins. And if you really want to be taken seriously among the cognoscenti, you need an in-house performance tuner to craft your own AMG or M-series line of cars.
Nissan executive vice-president Andy Palmer is one chatty man. Late last week, Palmer headed a Q&A session with Nissan Global Media Center. While much of the discussion focused on electric vehicles, it's Palmer's answer to question number nine that piqued our curiosity: