Aston Martin warns of 2024 production cut, 1,000 fewer cars, due to supply chain issues and reduced Chinese sales.

Aston Martin has warned of a decline in annual core profit due to supply chain issues and reduced sales in China. The company will cut its 2024 production by about 1,000 vehicles and no longer expects positive cash flow in the first half of the year. CEO Adrian Hallmark cited late component deliveries and a challenging economic environment in China as reasons for these adjustments, which aim to enhance production efficiency and balance deliveries.

September 30, 2024
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