Aston Martin Lagonda Global Holdings Plc predicted a decline in first-half revenue as it waits on the new DBX SUV and said the coronavirus outbreak could impact demand in China, its fastest growing market.
Tag: Aston Martin
Aston Martin clears out board as losses widen
Aston Martin plunged to a £104m annual loss during an “extremely challenging period”, as the luxury carmarker announced a clear out of its board.The company posted a £104.3m pre-tax loss for its full year, down 53pc on 2018.Mr Stroll will join the board as executive chairman when Ms Hughes departs on April 7, the embattled carmaker confirmed.
Aston Martin losses deepen as it issues coronavirus warning
Aston Martin Outbreak could hit supply chain and sales of carmaker, whose financial chief is to leave Coronavirus – latest updates Prince Charles (left) drives the company’s first SUV, the Aston Martin DBX, during his visit to its new manufacturing plant in St Athan, Wales. Photograph: Chris Jackson/Getty Images Aston Martin’s losses widened in 2019… Continue reading Aston Martin losses deepen as it issues coronavirus warning
Aston Martin shares slide as losses deepen and finance chief leaves
LONDON (Reuters) – Aston Martin (AML.L) shares slumped to a record low on Thursday after the British luxury carmaker said its losses ballooned last year and its chief financial officer would leave by the end of April. FILE PHOTO: Aston Martin DBX, the company’s first sport utility vehicle, is displayed at its global launch ceremony… Continue reading Aston Martin shares slide as losses deepen and finance chief leaves
Aston Martin’s finance boss to leave as losses deepen
FILE PHOTO: Aston Martin DBX, the company’s first sport utility vehicle, is displayed at its global launch ceremony in Beijing, China November 20, 2019. REUTERS/Jason Lee LONDON (Reuters) – Aston Martin’s (AML.L) chief finance officer will leave the company after its losses almost doubled last year following a sales drop as the luxury carmaker pursues… Continue reading Aston Martin’s finance boss to leave as losses deepen
Coronavirus outbreak puts Aston Martin’s prospects in the slow lane
Nils Pratley on finance Aston Martin Coronavirus outbreak puts Aston Martin’s prospects in the slow lane Nils Pratley Canadian billionaire’s rescue plan suddenly doesn’t look so rosy given the epidemic’s economic fallout The Aston Martin rescue was booked in at 400p per share. Shares are now worth 360p. Photograph: Rebecca Naden/PA At what point does… Continue reading Coronavirus outbreak puts Aston Martin’s prospects in the slow lane
Aston Martin puts planned WEC, Le Mans Hypercar entry on hold
Aston Martin said on Wednesday it was putting on hold a planned entry into the World Endurance Championship (WEC) and Le Mans 24 Hours with its Valkyrie hypercar.This will allow IMSA prototypes to compete for outright victory at Le Mans and the WEC in 2021-22.The Valkyrie was created as part of a technology partnership between Aston Martin and Red Bull Advanced Technologies.
What can businesses learn from the way Aston Martin Red Bull Racing uses digital simulations?
The high-octane sport of Formula One is a 200mph race for continuous development. For Aston Martin Red Bull Racing, that means executing more than 30,000 design and engineering changes a year – a feat made possible thanks to cutting-edge digital simulation and analytical tools. A constant flow of information helps the Team accelerate its car… Continue reading What can businesses learn from the way Aston Martin Red Bull Racing uses digital simulations?
Super GT entry “very appealing, exciting” for R-Motorsport – The Union Journal
The Swiss team revealed at the end of last month that it will certainly tip down from the German visiting cars and truck collection after simply one period of independently running the Vantage DTM under permit from Aston Martin. However, the expertise it acquired in developing the version can verify beneficial in a capacity entry… Continue reading Super GT entry “very appealing, exciting” for R-Motorsport – The Union Journal
Demand For Electric Classics Surge: Lunaz Doubles Workforce
Following the news of the UK’s plan to ban the sale of all new petrol, diesel, and hybrid cars by 2035, electric conversion specialists Lunaz have announced that it will be doubling its workforce. The Silverstone-based company, founded in 2018, as quickly established itself as a leader in the emerging classic car electric conversion market,… Continue reading Demand For Electric Classics Surge: Lunaz Doubles Workforce