Aston Martin loses over £200m ahead of production ramp-up Automotive A fall in demand for luxury models led to Aston Martin losing more than £200m during the first half of 2023, it has been revealed.
Aston Martin supplier Surface Transforms delays results again amid share price woes Automotive Surface Transforms said it anticipates full-year results will finally be published in late June 2024, having previously been expected in mid-April.
Aston Martin workers to get four per cent pay rise Automotive Aston Martin has announced plans to hike pay by 4 per cent for its workers, while also proposing a series of "employee wellbeing" perks.
Bentley names Porsche boss as new chairman and chief executive May 28, 2024 Luxury car maker Bentley has named a top executive at Porsche as its new chairman and chief executive.
Life in the fast plane: Aston Martin defends chief’s £1.3m private jet budget April 14, 2024 Luxury UK carmaker Aston Martin has defended spending over a million pounds for its chief executive to commute from Italy to the Midlands.
Aston Martin poaches top boss of luxury car rival Bentley March 22, 2024 The chairman and chief executive of luxury car maker Bentley has left to take over at rival Aston Martin.
Aston Martin’s losses more than half on higher prices despite hit to wholesale volumes February 28, 2024 Aston Martin losses halved in its full-year results despite a hit to wholesale volumes after production issues with the roll-out of its DB12 model.
Aston Martin: Share price plummets as DB12 snarl-ups bite November 1, 2023 Aston Martin's losses halved as strong demand for its hybrid sports cars drove up revenues, but DB12 production issues hampered growth.
Aston Martin share price surges after billionaire Lawrence Stroll ramps up stake September 29, 2023 The group of investors run by Canadian billionaire Lawrence Stroll has ramped up its stake in Aston Martin today to take its stake in the firm beyond 25 per cent.
Renault and Aston Martin backer Geely to launch UK firm injecting £6bn and creating 19,000 jobs July 12, 2023 Renault and Aston Martin backer Geely have announced the launch of a new UK-based powertrain technology company, to manufacture low-emission hybrid and internal combustion engines. An investment of up to £6bn will injected into the new outfit, which will employ 19,000 workers. The two automakers said the new group would operate 17 engine plants and [...]