Aston Martin to cut 170 jobs in cost-cutting drive February 26, 2025 Luxury carmaker Aston Martin is planning to cut 170 jobs in a bid to drive down costs and turnaround a struggling share price. The plans involve axeing five per cent of its global workforce, which it estimates will save around £25m. It came as Aston Martin reported wider full-year losses of £289.1m and a three [...]
New Aston Martin Vantage Roadster will be ready for the summer January 16, 2025 Aston Martin seems to be on a roll at present, with a raft of new and updated sports cars launched during the past 12 months. Following in the tyre tracks of the mid-engined Valhalla hypercar, limited-edition Valiant and new V12 Vanquish, the latest arrival from this British marque is the 2025 Vantage Roadster. Based on [...]
Ex-Aston Martin CEO: Scrap hybrids, go all in on EV cars January 11, 2025 Our reliance on hybrid is holding us back from real progress. It's time to go all in on EV cars, writes ex-Aston Martin CEO and 'godfather of EVs' Andy Palmer.
Best cars of 2024 – From the new Aston Martin Vantage to the McLaren Artura Spider December 13, 2024 The car industry is facing strong headwinds, from import tariffs to mandated EV sales targets. Despite it all, though, 2024 has produced some genuinely exciting new cars, many of which we were lucky enough to drive. This isn’t a round-up of the ‘best’ cars of the year; many of the vehicles listed here are totally [...]
Aston Martin raises £210m following profit warnings November 27, 2024 Falling demand in China, delivery delays and the wider push into electric vehicles (EVs) have hit Aston Martin shares over the last year.
Aston Martin Vanquish 2024 review: Veni, vidi, Vanquish November 15, 2024 Remember when Daniel Craig replaced Pierce Brosnan in the role of James Bond? Britain’s least secret agent was as sharp and urbane as ever, but a newly powerful physique lurked beneath his Savile Row suit. If Brosnan is the Aston Martin DB12, Craig is the new Vanquish. Positioned above the DB12 and replacing the DBS [...]
Aston Martin slashes loss by over £100m October 30, 2024 Aston Martin slashed its pre-tax loss by 90 per cent during its latest financial period after being boosted by a rise in its wholesale volumes. The Warwickshire-headquartered luxury car maker has reported a pre-tax loss of £12.2m for its third quarter, down from the £117.6m loss it posted during the same three-month period in 2022. [...]
Aston Martin: Short sellers bet against FTSE 250 marque as shares struggle October 10, 2024 Aston Martin shares have endured a bumpy ride since the sportscar maker first went public in October 2018.
Rosberg warns Aston Martin F1 team not to become PSG October 10, 2024 Former F1 champion Nico Rosberg has warned Aston Martin not to turn into Paris Saint-Germain in their pursuit of racing success. The German likened the hiring of design guru Adrian Newey, reportedly for £30m per season, and others to the Parisian Ligue 1 club having Lionel Messi, Neymar and Kylian Mbappe on their books at [...]
Will Aston Martin ever make it out of the slow lane? September 30, 2024 Aston Martin on Monday issued a profit warning, downgrading guidance for the year ahead and slashing its car production target by around 1,000.