Aston Martin posts steep loss as coronavirus hits sales
‘Aston is still a cash-burn story’
13 May 2020 - 17:46
London — Aston Martin said on Wednesday it may raise more funds and will take further steps to cut costs and control cash as the coronavirus pandemic complicates the sports-carmaker’s comeback plan.
The British manufacturer reported a wider first-quarter loss and a 60% drop in revenue. Its first-quarter loss was £119m after sales dropped by nearly a third. ..
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.