London — Luxury British carmaker Aston Martin slumped to a half-year loss as profits were hit by a nearly 20% drop in European demand, the latest blow to the automotive sector.

Aston Martin, best known as James Bond’s favourite marque, has been undergoing a turnaround plan since CEO Andy Palmer took over in 2014, designed to renew and boost its model line-up and move into new segments...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.

Questions or problems? Email or call 0860 52 52 00. Got a subscription voucher? Redeem it now