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Aston Martin names new CFO

Aston Martin is on the verge of a resurgence, instituting (among a great many other things) new top leadership, and that includes a new chief financial officer. Mark Wilson comes to Gaydon with a wealth of experience at British sports car manufacturers, having previously worked for Lotus and McLaren. His most recent posting, however, was as CFO and COO at renewable energy insurer G-Cube Underwriting. He'll take up his new job as Chief Financial Officer (and his place on the executive board) at Aston Martin on June 8, reporting directly to Andy Palmer, who in turn took up his job as CEO just this past September. Considering Aston was recently injected with an influx of cash, hiring a new money man was probably prudent. But hiring new top personnel, of course, isn't the only change Aston is making. It's got a new platform in the works, a new engine under development with Mercedes-AMG and a raft of new projects in the pipeline. That includes the replacement of every one of its models by the end of the decade and the addition of as many as three new model lines – particularly the DBX crossover that could be the first new Aston built in America. ASTON MARTIN NAMES MARK WILSON AS NEW CHIEF FINANCIAL OFFICER 14 May 2015, Gaydon: Aston Martin today announces the appointment of Mark Wilson as Chief Financial Officer. Joining the business on Monday 8 June, Wilson, will report directly to Aston Martin CEO Dr Andy Palmer and take a place on the Executive Board at the company's global HQ in Gaydon, Warwickshire. With a strong track record of senior automotive experience already accrued with McLaren Automotive and Lotus Cars Ltd, Wilson joins the luxury British sports car maker from renewable energy insurer G-Cube Underwriting where he held the post of Chief Financial and Operating Officer. Welcoming Wilson to the team, Dr Palmer said: "Mark joins us at what is, undeniably, an extremely exciting time for Aston Martin. We are currently implementing the largest investment plan in our history which will see a total remake of our product portfolio. By the end of the decade, not only will our current line-up have been replaced entirely, we will have added up to three extra model lines and entered new market segments.

Aston Martin recalling majority of cars built since late 2007 over counterfeit Chinese parts

Back in June 2013, Aston Martin recalled just under 700 vehicles over faulty throttle arms that could break without warning. Bad news, for sure – and things just got a whole lot worse. According to Reuters, the British luxury brand now needs to recall 17,590 vehicles due to counterfeit plastic materials being used by a Chinese sub-supplier – that's roughly 75 percent of the company's output over the same period. Basically, here's how it boils down: with the exception of the Vanquish, Aston Martin will recall all left-hand-drive vehicles built since November 2007, and all right-hand-drive cars built since May 2012. Just as we told you in the recall notice from 2013, the accelerator arms in these cars may fracture, increasing the risk of a crash. Shenzhen Kexiang Mould Tool Co Limited, a Chinese company that molds the accelerator pedal arms in these affected models, was using counterfeit plastics, according to Reuters. These bad plastics were supplied by Synthetic Plastic Raw Material Co Ltd, of Dongguan. An Aston Martin spokesperson tells Reuters that there have been no reports of accidents or injuries in conjunction with this problem.

Aston Martin DB9 successor spied, may be called DB11

This is by far our best look yet at the car that will replace the long-serving Aston Martin DB9. Previous photos of the grand tourer have consisted of mules based on the current car, but here we get our first taste of a model wearing its production skin. Despite the heavy camouflage, the DB9 successor looks to borrow its styling from the Aston Martin DB10, which will feature in the latest James Bond film. Considering this, it's not surprising that our spies report the new GT will wear the DB11 moniker. While the headlights look somewhat like the current Vantage, it's a fair bet that they'll bear more of a resemblance to the DB10 when the production model arrives. The grille sits lower than on current models, although, unlike 007's Aston, it does have an independent lower grille. It's hard to discern much from the rear of the car, though, owing to the fake taillights and heavy camouflaging on the rear hatch. That, thankfully, isn't an issue in the car's profile. Despite the heavy camo, we can see a suitably large set of haunches and the brand's trademark side grille. Expect Aston to continue using swan wing doors, judging by the shape of the units spied on this prototype, while we predict a larger greenhouse than seen here, owing to the camo over the quarter window. The partnership between Aston Martin and Mercedes-AMG will bear production fruit with the so-called DB11, as our spies report the new Brit will be available with the same 4.0-liter, twin-turbocharged V8 being offered in the AMG GT. Don't fret purists – Aston's 6.0-liter V12 will also be on offer. We're fairly convinced Britain will sink into the ocean before Gaydon abandons the venerable 12-cylinder. Have a look at the latest round of spy photos and let us know what you think of Aston Martin's work so far. Related Video: