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Aston Martin make Nissan’s Andy Palmer their new CEO

Andy Palmer (pictured) is taking the reins at Aston Martin Lagonda Aston Martin has effectively been without a boss since Ulrich Bez stepped down from the role last year, but that changes with the announcement that Andrew Palmer – until now, Chief Planning Officer of Nissan – is to step in to the role. There’s no specific start date for Andy Palmer at Aston, but Nissan has announced that Philippe Klein will take up Palmer’s role at Nissan on 15 September, so it shouldn’t be long before Palmer holds the reins at Aston Martin. But what exactly has persuaded Andy Palmer to jump from a big corporate behemoth like Nissan to a struggling luxury car maker with owners who either want to tug the operating strings (the Kuwaitis) or are looking for a quick return (Investindustrial)?

Infiniti signs F1 deal with Red Bull Racing

Infiniti is going racing. Sort of. Nissan's luxury arm has signed a high-profile two-year partnership deal with current F1 champions Red Bull Racing.

Hendrick buys first Corvette Stingray

Race team owner and car dealer Rick Hendrick bought the first 2014 Chevrolet Corvette Stingray, VIN 0001, at the Barrett-Jackson car auction in Scottsdale, Ariz., on Jan. 19. Hendrick's winning bid was $1.05 million, for a car that's estimated to have a sticker price around $60,000.