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Automakers left and right are reevaluating their EV strategies, including Aston Martin. The company recently postponed the launch of its first battery-electric vehicle from 2025 until 2027, and now the company’s executive chairman is expecting to continue selling combustion cars into the 2030s because that’s what its customers want.
Reports emerged Thursday afternoon that legendary Formula 1 designer Adrian Newey is leaving Red Bull Racing after two decades with the team. German motorsport outlet Auto Motor und Sport broke the news, citing sources within the team. Motorsport.com followed shortly after that, claiming to have confirmed the departure with «sources with knowledge of the situation.»
Aston Martin has appointed a new boss in the form of Adrian Hallmark, moving across from fellow luxury carmaker Bentley.
Aston Martin tapped Bentley’s chief executive officer, Adrian Hallmark, to take over as CEO and stabilize the luxury-car maker synonymous with James Bond.
► Adrian Hallmark leaves Bentley for Aston ► Hallmark led electrification push at Crewe ► Is to be appointed CEO of Aston Martin
Aston Martin has postponed the launch of its first electric car from 2025 to 2026, due to low consumer demand. The company was scheduled to launch a high-riding, four-wheel-drive electric GT next year, but chairman Lawrence Stroll has told reporters that “consumer demand is not what we thought it was two years ago”, when the plans were first outlined.
A few years back during the supercar boom, Aston Martin hyped up a revival of its historic Lagonda luxury brand. Well, it's been a long few years, and Lagonda has been quiet. That's because, as Aston's executive chairman Lawrence Stroll confirmed, Lagonda's path to a return is «completely dead.»
Aston Martin has delayed the arrival of its first electric car citing a lack of customer demand, while also re-iterating it has cancelled plans for its Rolls-Royce-rivalling Lagonda sub-brand.