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Manufacturing

Aston Martin to reopen Vale of Glamorgan factory next month

The factory will open on May 5th followed by its factory in the West Midlands

The new DBX outside the Vale of Glamaorgan facility where the new model will be built(Image: Aston Martin)

º£½ÇÊÓÆµ car-maker Aston Martin Lagonda is to reopen its South Wales factory on May 5th.

The company announced that it will resume operations at its St Athan facility, following guidelines from Public Health Wales and Public Health England to protect its workforce.

It said it will take “learnings in terms of health and safety” into account when it reopens its main car plant in Gaydon, Warwickshire, at a later date.

Both sites have been closed since March 25th due to the coronavirus pandemic.

The firm also announced that its senior leadership team have agreed to a reduction in pay.

Chief executive Andy Palmer is waiving 35% of his base salary. It was previously announced that he would not be paid an annual bonus for the 2019/20 financial year.

Non-executive directors are waiving 35% of their fees. Vice presidents have agreed to a 20% reduction in their base salary and other members of senior management have been asked to accept pay cuts of up to 10%.

The salary reductions will apply for a three-month period from April 1.