Palmer recently announced as new CEO of fabled British marque
There may be more to the story of Andy Palmer’s exit from Nissan than originally thought.
According to Reuters, citing sources with knowledge of the matter, the executive suggested Nissan should purchase, or at least invest in, Aston Martin prior to his leaving the Japanese automaker for the British sports car manufacturer.
He didn’t just suggest the purchase once. Palmer attempted to persuade Nissan-Renault boss Carlos Ghosn into buying Aston in 2012 and 2013, with the company rejecting the idea each time.
“We looked carefully at the proposal but we passed on it,” one company insider told Reuters.
With Nissan and Aston Martin both strengthening partnerships with Daimler, the company that owns Mercedes-Benz, Palmer saw the potential of such a deal between Aston Martin and the Infiniti brand.
Aston Martin is in a tight spot as the company could put a stop-sale on their current lineup of cars due to their inability to meet tightening emissions and safety regulations in the United States.
Aston Martin dealers are currently seeking a waiver from the US government to allow their continued sale.