Aston Martin shares crash on European sales hit
Shares plummet after company slashes £40m off its previous investment plans and cuts vehicle production
24 July 2019 - 16:25
Bengaluru — Aston Martin on Wednesday became the latest automotive firm to report a hit to its business from a shaky European economic mood, cutting its 2019 volumes forecast after sales to dealers in the region fell by almost a fifth in the first half.
The report, which also saw the luxury British carmaker slash up to £40m off its previous investment plans, sent its shares spinning as much as 24% lower in early trade in London...
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