Aston Martin shares plunge on volume target cut, lingering debt

News

Aston Martin DBS Superleggera
(c) Paul A. Eisenstein | TheDetroitBureau

Aston Martin shares plunged more than 16% on Wednesday morning after the British luxury carmaker cut its volume target due to production problems for its new DB12 sports model and posted a bigger-than-expected quarterly loss.

This is a breaking news story and will be updated shortly.

Products You May Like

Articles You May Like

2024 Subaru Crosstrek Sport Review: Playing It Safe For Better And Worse
Stellantis delays Ram electric pickup truck until 2025
Hertz Employees Abandon Post, So Customers, Including Denver’s Mayor, Drive Off In Anything With Keys
Rivian-Volkswagen joint venture deal rises to up to $5.8 billion, VW cars expected as early as 2027
Stellantis taking heat from dealers, UAW amid EV push

Leave a Reply

Your email address will not be published. Required fields are marked *