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flag Aston Martin cuts 170 jobs amid £289 million loss and drops electric car launch to end of the decade.

flag Luxury carmaker Aston Martin will cut 5% of its workforce, or 170 jobs, to save £25 million annually, following a 21% increase in pre-tax losses to £289 million and a 9% drop in car sales to 6,030 units. flag The company also delayed its first fully electric vehicle launch until the end of the decade. flag Despite new model launches, Aston Martin faces challenges like supply chain issues and weak sales in China.

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