Aston Martin widens H1 2024 losses to £216.7m, delivers 1,998 cars (down 30%), plans £2bn EV investment with new models.

Luxury carmaker Aston Martin widens losses to £216.7m in H1 2024, delivering 1,998 cars, down 30% year-on-year. The company is planning a £2bn investment into its electric vehicle market, phasing out older models and launching new ones such as the DBX707 luxury SUV and revamped Vantage sports car. Incoming CEO Adrian Hallmark is tasked with steering the company back to profitability.

July 24, 2024
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