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However, the pandemic pressured momentary closures of each its factories and dealerships at varying points during the yr. However, the corporate did spotlight glimmers of hope in an improved last quarter of 2020 because of sales of its new DBX SUV, with revenues three% greater than the same period in 2019, before the pandemic. The carmaker on Thursday reported a £466m loss before tax for the yr, compared with a £120m loss in 2019, as sales slumped and it wrote off practically £100m of investments in now-abandoned merchandise such because the Rapide electric car. Market & Company NewsA comprehensive day by day information service of over 300 market and company stories from our personal StockMarketWire staff and the RNS. It is prohibited to make use of, retailer, reproduce, show, modify, transmit or distribute the information contained on this website without the express prior written permission of Fusion Media and/or the info provider. All mental property rights are reserved by the suppliers and/or the change offering the data contained on this website.

LSE does not assure the accuracy, timeliness, completeness, performance or health for a selected objective of the webpage or any of the Information on it. No duty is accepted by or on behalf of the LSE for any errors, omissions, or inaccurate Information on this webpage. Stroll stated he was “extraordinarily pleased with the progress to date despite working in these most challenging of occasions”. He added that he was “totally committed” to the corporate’s plan. Aston Martin is now planning to promote about 6,000 automobiles in 2021.

Aston Martin Lagonda Global Holdings Plc Director Deals

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