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Aston Martin Said to Target Doubling Car Sales With New CEO

Aston Martin is aiming to double sales by 2016 with new models and an expansion of its dealer network outside Europe. The British maker of sports cars featured in James Bond movies may then invest in a sport-utility vehicle to broaden its appeal to wealthy drivers.

The supercar producer plans to appoint a new chief executive officer in the next three months, while CEO Ulrich Bez, who has led Aston since 2000, will probably become a non-executive chairman, according to a person with direct knowledge of the talks, who asked not to be identified as the matter is private. Aston Martin has several candidates for the post, the person said. A company representative declined to comment.