British brand celebrates first UK dealerships embracing ultra-luxury vision and new corporate identity Aston Martin Birmingham official opened following £10m investment in new landmark location New dealership in Leeds also follows successful opening of Aston Martin Edinburgh and global expansions in Europe and Asia 3 October 2024, Gaydon, UK: Aston Martin is enhancing its retail… Continue reading @AML: Aston Martin enhances retail presence and ultra-luxury customer experience with opening of new UK dealerships000645
Tag: Aston Martin
@AML: Cycling sprint legend Sir Mark Cavendish KBE named Aston Martin’s first High Performance Ambassador000644
British sporting legend, Sir Mark Cavendish becomes the first person to take on the new role of Global High Performance ambassador at Aston Martin Best-in-class meets best-in-class as the man known as the Manx Missile experiences the supercar of SUVs, DBX707, on the Isle of Man’s world-famous roads The most successful sprinter in the history… Continue reading @AML: Cycling sprint legend Sir Mark Cavendish KBE named Aston Martin’s first High Performance Ambassador000644
Stellantis: sales at half mast, stock market plunging… how the car manufacturer is facing headwinds
The Franco-Italian car manufacturer is facing some difficulties at the start of autumn. The car sales market is sluggish both at European and global level. With what long-term consequences for factories in France? . The essentials of the day: our exclusive selection Every day, our editorial team reserves the best regional news for you. A… Continue reading Stellantis: sales at half mast, stock market plunging… how the car manufacturer is facing headwinds
European auto stocks erase USD 10 billion after Stellantis warning: Report
European auto stocks fell nearly 4% on Monday, as a warning from Volkswagen, Aston Martin and Stellantis stoked concerns around the sector’s earnings outlook. This comes against the backdrop of a year marked by Chinese competition, and a slowdown in demand, Reuters reported. The rout erased roughly USD 10 billion from the market value of… Continue reading European auto stocks erase USD 10 billion after Stellantis warning: Report
Stellantis and Aston Martin shares drop sharply after profit warnings amid China woes
The Stellantis sign is seen outside the FCA Headquarters and Technology Center in Auburn Hills, Michigan, on Jan. 19, 2021. Jeff Kowalsky | Afp | Getty Images Stocks of European carmakers hemorrhaged on Monday as Stellantis and British luxury brand Aston Martin issued profit warnings, citing broader industry challenges and difficulties in the world’s largest… Continue reading Stellantis and Aston Martin shares drop sharply after profit warnings amid China woes
Why Aston Martin has slashed 2024 sales target by 1000 cars
New Aston Martin CEO Adrian Hallmark has made his first big impact on the company since joining on 1 September by reducing its ambitious sales forecast for 2024 by 1000 units. Aston Martin cited supply chain disruption, weak demand in China and excess stock in dealers for the downgrade. It also said it would no longer… Continue reading Why Aston Martin has slashed 2024 sales target by 1000 cars
Vauxhall owner warns on profits amid falling sales and tougher Chinese competition
A Stellantis worker on the assembly line for the Jeep Grand Cherokee L model in Detroit, US. Photograph: Rebecca Cook/Reuters View image in fullscreen A Stellantis worker on the assembly line for the Jeep Grand Cherokee L model in Detroit, US. Photograph: Rebecca Cook/Reuters Vauxhall owner warns on profits amid falling sales and tougher Chinese… Continue reading Vauxhall owner warns on profits amid falling sales and tougher Chinese competition
German Manager Magazine: Stellantis shares collapse: Opel parent shocks the stock market with profit warning003604
The car company Stellantis is slashing its profit expectations for this year due to problems in the North American market and the weak industry situation. CEO Carlos Tavares (66) now only expects an operating profit margin of 5.5 to 7.0 percent adjusted for special effects, as Stellantis announced in Amsterdam. So far there should be… Continue reading German Manager Magazine: Stellantis shares collapse: Opel parent shocks the stock market with profit warning003604
@AML: Trading Update and adjustment to FY 2024 guidance000643
30 September 2024 Aston Martin Lagonda Global Holdings plc (“Aston Martin”, or “AML”, or the “Company”; or the “Group”) Trading Update and adjustment to Full Year 2024 guidance This announcement contains inside information within the meaning of Article 7(1) of the EU Market Abuse Regulation No. 596/2016 as it forms part of UK law by… Continue reading @AML: Trading Update and adjustment to FY 2024 guidance000643
Stellantis and Aston Martin shares fall sharply on profit warnings
$75 per month Complete digital access to quality FT journalism with expert analysis from industry leaders. Pay a year upfront and save 20%. What’s included Global news & analysis Expert opinion FT App on Android & iOS FT Edit app FirstFT: the day’s biggest stories 20+ curated newsletters Follow topics & set alerts with myFT… Continue reading Stellantis and Aston Martin shares fall sharply on profit warnings