Aston Martin shares plunge to new low following half-year loss

Filed under: Earnings/Financials,Aston Martin,Asia,Europe,North America,Convertible,Coupe,Luxury,Performance

Shares in Aston Martin plunged 17% to a post-flotation low on Wednesday after the luxury British carmaker slumped to a half-year loss, the latest automotive firm to be hit by falling demand in Europe. Aston Martin, best known as James Bond's favourite marque, has been undergoing a turnaround plan since Chief Executive Andy Palmer took over in 2014, designed to renew and boost its model line-up and move into new segments. The group posted a pretax loss of 78.8 million pounds in the six

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Aston Martin shares plunge to new low following half-year loss originally appeared on Autoblog on Wed, 31 Jul 2019 09:15:00 EDT. Please see our terms for use of feeds.

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