Former senior Ford executive Steven Armstrong has joined Aston Martin as a consultant, as predicted by Autocar.
Armstrong, who retired from Ford at the end of last year, aged 58, previously held senior positions with the firm in Africa, China, Europe, India, the Middle East, North America and South America. He was also COO at Volvo when it was sold to Geely, now itself a minority shareholder in Aston Martin.
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Stroll raised his shareholdings nearl to 30% but if he goes any further he's got to offer to buy the entire company. This also helped raise the share price, which was going down again.
Not been confirmed who is buying up the shares just now, if there's any one party, but it seems that someone is making demand to keep the values high.
Whoever comes in to Aston, in a fixed position or external consultant, has to advise one thing only to save Aston: Sack Marek Reichman.
Reichman designs don't sell enough to keep Aston afloat and planning to release any more based upon him is planning to fail. It is as simple as that.