US EditionLoss-Making Aston Martin Gets $68 Million From Stroll-Led Group
The British luxury carmaker said 500 Valhalla deliveries and cost cuts should help it move toward breakeven this year.
10 Articles
10 Articles
The revenue has grown 16%, to 270,4 million pounds, being below the forecast of analysts of 286 million pounds, according to estimates of consensus provided by the company
Lawrence Stroll tries to keep Aston Martin's green boat afloat after another negative quarter. It's still hard times in Aston Martin, and not just because of Fernando Alonso's hardships every Formula 1 weekend, because right now it's clear that it depends on all the money put by the consortium led by the Canadian billionaire to keep it afloat. Aston Martin continues in his crisis without raising his head in his financial results and this is agai…
Aston Martin Taps Stroll for £50M as EV Plans Stall and Losses Continue
Aston Martin has received another £50 million ($67.5 million) cash injection from a group of investors led by major shareholder and chairman Lawrence Stroll, as losses amount for the fifth consecutive quarter. The British luxury automaker reported its first-quarter results on Wednesday, flagging ongoing uncertainty tied to global trade tensions. The consortium — which includes Stroll, China’s Geely Holding Group, and Saudi Arabia’s Public Invest…
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