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flag Aston Martin cuts 170 jobs to save £25 million yearly, amid losses and delayed electric car plans.

flag Aston Martin, known for its luxury cars, plans to cut 170 jobs, or 5% of its workforce, to save £25 million annually amid increasing losses and debt. flag The company has also delayed its first fully electric vehicle launch to the end of the decade. flag Despite launching new models, Aston Martin faced supply chain issues and weak sales in China, leading to a 9% drop in car sales and pre-tax losses of £289 million.

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