Sports car maker Aston Martin hired Michael Mingshan Peng, former Porsche and BMW executive, to head its China operations, effective from February, reported Reuters.
Educated at Shanghai’s Tongji University, Peng was previously appointed as head of sales at Porsche China. Mr. Peng is a proven veteran of the luxury auto industry, according to Porsche’s website. Prior to becoming Director Sales, Mr. Peng had been Special Projects Manager with Porsche China, responsible for business management and other key functions.
“Aston Martin is in the midst of its most significant and ambitious period of investment to date, and Michael will be instrumental in leading the China dealer network through this exciting time.” said Andy Palmer, chief executive of the British luxury sports car manufacturer.