UK carmaker Aston Martin chief leaves amid share price collapse
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Struggling luxury UK carmaker Aston Martin has revealed that its chief executive Andy Palmer has resigned. Tobias Moers will take over from August 1. Till then Keith Stanton will act as interim chief operating officer. Moers is set to join from Mercedes' high-performance subsidiary AMG, where he is currently chief executive. Aston Martin’s share price has gone down 94% since the company's flotation in 2018.