Losses slashed by luxury car manufacturer
Aston Martin has cut losses by almost a half as it reaches new audiences and customers.
The luxury car manufacturer reported a year-to-date loss before tax of £260m, a 49% decrease from its year-to-date 2022 loss of £511m. This was also impacted by the revaluation of its US dollar-denominated debt.
Strong demand has been seen across existing and new product lines, with the recently launched DB12 driving reappraisal of Aston Martin amongst new audiences, with 55% of its initial customers new to the brand and the order book now ... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
