Swiss luxury car start-up Piëch Automotive has announced the appointment of ex-Aston Martin CEO Tobias Moers alongside Manfred Fitzgerald, the former head of Genesis, as co-chairmen.
Moers will assume the role of chief technical officer, directing the development of the firm’s first car, the Piëch GT.

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What happened to Klaus Schmidt? He is a brilliant and expirienced engineer, and HE has been CTO so far.
CTO is probably the best position for Tobias Moers but it should also be noted that he had his hands on two of the most delayed hyper cars we've seen. First the Mercedes Project One and secondly the Aston Martin Valkyrie.
Both cars were admittedly very ambitious. But the rest of his handling of Aston Martin was poor. Cutting back on production and costs not so bad, but he needed to sack Marek Reichman, and Aston still does. Clinging on to him as a designer will only result in poor sales - as they have every time.
The Piech car already looks to be borrowing quite a lot of its looks from Jaguar, XK and F-Type.