Aston Martin posted a first-quarter pretax loss of 119 million pound (US$146 million) after sales dropped by nearly a third due to the impact of ...
Aston Martin posted a first-quarter pretax loss of 119 million pound after sales dropped by nearly a third due to the impact of the coronavirus outbreak and the destocking of dealers, the carmaker said on Wednesday.
FILE PHOTO: An Aston Martin logo is pictured at the new factory in Saint Athan, Wales, Britain December 6, 2019. REUTERS/Rebecca NadenLONDON: Aston Martin posted a first-quarter pretax loss of 119 million pound after sales dropped by nearly a third due to the impact of the coronavirus outbreak and the destocking of dealers, the carmaker said on Wednesday.
"COVID-19 and the resulting global economic shutdown has had a material impact on our performance this quarter," said Chief Executive Andy Palmer.Source: Reuters
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