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Conflict within the embattled company has reportedly culminated in CEO Tobias Moers handing in his two weeks of notice.
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Aston Martin CEO Tobias Moers may have quietly stepped down from the top job amid an internal power struggle, according to a report from Autocar.
Citing sources close to the company, the outlet claims the former head of Mercedes-AMG clashed with executive chairman Lawrence Stroll over the company’s direction.
While Mr Moers wanted to strengthen ties with the German car giant, Stroll is said to be eyeing ex-Ferrari talent to develop cars in Italy.
Former Ferrari technical director Roberto Fedeli is tipped to take over as CEO from July, after wrapping up commitments with Chinese car start-up Silk-FAW.
When asked if Tobias Moers is still the CEO of Aston Martin, a spokesperson for the marque told Drive: “We cannot comment on speculation.”
Aston Martin is due to hold an earnings conference with investors at 4pm (AEST) today, and it’s possible more information will be announced then.
Moers was installed as CEO of the premium British brand in 2020, following the collapse of several projects and departure of controversial head Andy Palmer.
Under Moers’ leadership Aston Martin has also entered the pinnacle of motorsport through an official Formula One licensing deal – though this was enabled through Lawrence Stroll and his ownership of the former Racing Point (or Force India) team.
This story is developing, and will be updated when more information becomes available.
He has maintained a primary focus on industry trends, autonomous technology, electric vehicle regulations, and local environmental policy.
As the newest addition to the Drive team, William was brought onboard for his attention to detail, writing skills, and strong work ethic.
Despite writing for a diverse range of outlets – including the Australian Financial Review, Robb Report, and Property Observer – since completing his media degree at Macquarie University, William has always had a passion for cars.
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