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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)?

Petrol sales '25% lower than 2008'

Petrol sales have plunged in the first half of this year – but diesel sales have risen sharply. Retail petrol sales for the period January to June dipped 5.8% compared with the same period last year, Government figures highlighted by the AA showed. The numbers amount to a fall of 512 million litres.

General Motors taps Europe design chief to run Cadillac, Buick

General Motors is bringing Opel's design chief to the United States to lead Cadillac and Buick styling and is moving the head of Buick and GMC styling to the top design post in Europe. The automaker is also shuffling duties for two other top design executives. The changes were announced Monday.