UK’s Aston Martin plans to restart St Athan unit, cuts executives’ pay

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FILE PHOTO: An Aston Martin logo is pictured at the new factory in Saint Athan, Wales, Britain December 6, 2019. REUTERS/Rebecca Naden/File Photo

(Reuters) – Aston Martin (AML.L) said on Thursday it plans to restart its St Athan factory in south Wales on May 5 and will also resume operations at Gaydon later, after the coronavirus-led shutdowns forced the luxury car maker to suspend production at both sites.

The company also announced pay cuts of between 5% and 35% for its senior leadership team on Thursday, with new boss and Formula 1 team owner Lawrence Stroll electing to

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