Aston Martin Experiences Doubling Losses Due to Lower Sales, Sees Promise in Upcoming Models

Wednesday, 1 May 2024, 06:39

Aston Martin faced a significant setback as its adjusted loss before tax nearly doubled to £110.5 million ($137.8 million) from the previous year's £57.3 million loss. The carmaker remains optimistic about its future growth prospects driven by the launch of new models.
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Aston Martin Experiences Doubling Losses Due to Lower Sales, Sees Promise in Upcoming Models

Aston Martin's Financial Performance

Despite challenges, Aston Martin experienced a considerable downturn in its financial performance.

Key Metrics:

  • Losses: Doubled to £110.5 million from £57.3 million.

The carmaker is banking on the success of its upcoming models to steer towards profitability.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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