Aston Martin sets aside £30m for Brexit as revenues rise by 25%

Aston Martin Carmaker’s plans for no deal or disorderly exit from EU include £2m for revised supply routes Aston Martin sold 6,441 cars last year, up 26%, which was better than expected, and it says its special editions were in high demand. Photograph: David Sillitoe/The Guardian Aston Martin Lagonda has set aside £30m in preparation… Continue reading Aston Martin sets aside £30m for Brexit as revenues rise by 25%

UPDATE 1-Aston Martin boss says Brexit delay would prolong uncertainty

LONDON (Reuters) – A delay to Brexit would be a “further annoyance” which would prolong uncertainty, the boss of luxury carmaker Aston Martin told Reuters after Prime Minister Theresa May promised to give lawmakers a vote on extending the date Britain leaves the EU. Andy Palmer, CEO of Aston Martin poses for a photograph at… Continue reading UPDATE 1-Aston Martin boss says Brexit delay would prolong uncertainty

Aston Martin boss says Brexit delay would prolong uncertainty

LONDON (Reuters) – A delay to Brexit would be a “further annoyance” which would prolong uncertainty, the boss of luxury carmaker Aston Martin told Reuters after Prime Minister Theresa May promised to give lawmakers a vote on extending the date Britain leaves the EU. FILE PHOTO: Andy Palmer, CEO of Aston Martin poses for a… Continue reading Aston Martin boss says Brexit delay would prolong uncertainty

Carmaker Aston Martin’s adjusted pre-tax profit falls

Andy Palmer, CEO of Aston Martin poses for a photograph at their world headquarters in Gaydon, Britain, February 14, 2019. REUTERS/Andrew Yates LONDON (Reuters) – Luxury British carmaker Aston Martin posted an adjusted pre-tax profit of 68 million pounds ($90 million) in 2018, a 7 percent fall on 2017 as it continues to invest in… Continue reading Carmaker Aston Martin’s adjusted pre-tax profit falls

Aston Martin to publish first full-year figures since float

Aston Martin Stock market value has dropped £2bn but financial performance has been strong An Aston Martin DB11 at the company’s HQ in Warwickshire. The company’s shares have slumped 36% since October. Photograph: Andrew Yates/Reuters The luxury car firm Aston Martin Lagonda is gearing up for its first set of financial results since a disappointing… Continue reading Aston Martin to publish first full-year figures since float

Geneva Motor Show: These are the novelties of Geneva – from A like Aston Martin to V like Volkswagen

CologneWith the Geneva Motor Show, the car year 2019 starts. This year, there are new small cars with bestseller potential, numerous model lifts and exciting studies to see. Visitors will have to go in vain for Ford brand cars, Hyundai. Opel and Volvo search – these manufacturers refrain this year to visit Geneva. An overview.… Continue reading Geneva Motor Show: These are the novelties of Geneva – from A like Aston Martin to V like Volkswagen

Aston Martin Says 003 Hypercar Will Compete With LaFerrari And Senna – Carscoops

Aston Martin chief executive Andy Palmer has revealed that the upcoming 003 hypercar will have roughly the same amount as power as the LaFerrari. The automaker dropped a somewhat-revealing teaser image of the ‘Son of Valkyrie’ hypercar a few days ago, but didn’t offer up many details. Fortunately, Palmer did reveal some titbits to Auto… Continue reading Aston Martin Says 003 Hypercar Will Compete With LaFerrari And Senna – Carscoops

Back from the dead: 2 Long-gone cars will debut at Geneva Motor Show, and their electric makeover could come with $1 million sticker price – CNBC

Over the past century, hundreds of once-familiar brand names have been shipped off to the automotive scrapyard, but two long-dead makes will be vying for a revival next month at the annual Geneva International Motor Show.

‘The UK car industry is still the best in the world for new cars’

After the first round of voting for the 2019 World Car Awards, the unexpected happened. Britain’s battered and bruised motor industry was, in effect, voted third on the planet for desirable, quality products that impress and satisfy the people who drive them. Or, to be more precise, four British cars – the Aston Martin Vantage,… Continue reading ‘The UK car industry is still the best in the world for new cars’

‘I’ve assumed the worst’: Aston Martin and Bentley have prepared for slow-motion Brexit crash – The Sydney Morning Herald

Loading Aston Martin’s board before this week authorised contingency planning for Brexit that included shipping car components via air freight to allow for the use of ports other than Dover, which faces potential chaos in a no-deal scenario. For the last eight months, Volkswagen AG-owned Bentley has likewise supplied some parts through an alternative port,… Continue reading ‘I’ve assumed the worst’: Aston Martin and Bentley have prepared for slow-motion Brexit crash – The Sydney Morning Herald