Aston Martin losses rise to £285.4m due to supply shortages | Autocar

Aston Martin losses have risen to £285.4m due to supply shortages, foreign-exchange movements and high interest payments on its debts

announced that it would raise £653m later in 2022, half of which would be used to pay down its near £1.3bn of debt.

Explaining the disappointing first-half results, executive chairman Lawrence Stroll said: “Isolated but impactful supply-chain shortages resulted in lower wholesales and significant working-capital headwinds.s that we had planned to deliver in Q2 still awaiting final parts, consuming tens of millions in cash and temporarily limiting our ability to meet the strong demand we have.

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