Tag: luxury sports carmaker

BMW might lay off 10,000 contract workers due to coronavirus impact

The automobile industry has been facing several issues in the smooth running of businesses due to the coronavirus impact. While many car companies have resumed manufacturing and business operations at factories and offices around the world, the past few months have been tough on the books for the entire industry. Luxury automobile manufacturers on the…

Aston Martin appoints Mercedes boss Tobias Moers as CEO

UK-based luxury car manufacturer Aston Martin recently announced that it has appointed Tobias Moers as its new Chief Executive Officer. The recent appointment at the struggling carmaker comes after its former CEO Andy Palmer stepped down from the President and Group Chief Executive position. Tobias will be taking over the company from 1 August, with…