Why Tobias Moers has stepped down as boss of Aston Martin in May 2022: CAR magazine UK explains
The boss of Aston Martin, chief executive officer Tobias Moers, is stepping down with immediate effect to be replaced by ex-Ferrari chief, the company confirmed to the stock market on 4 May 2022. Sources suggest ‘strategic differences’ with owner Lawrence Stroll are the main reason for the break-up.
‘He will help us deliver our future strategy, with a particular focus on technology advancements, and our in-house engineering capabilities, as we move towards electrification.’The departure of Moers marks a major shake-up of Aston Martin.
Under normal circumstances, the veteran AMG manager would have been immune to such a drastic career change. But after Mercedes appointed Markus Schäfer instead of Moers as its new R&D chief in 2019, opportunity eclipsed loyalty. Although he won’t openly admit it, Moers swiftly pulled the plug on the V6 and directed the cash flow towards full electrification and a portfolio rethink. The revolution will come in 2025, when the first of two new pure-electric sports-car families developed by Aston with AMG’s backing is scheduled to debut., and a couple of hybrid versions of the DBX SUV. In addition, the long-running V12 engine gets a power boost along with a change of character from low-end torque to an explosive top end.
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