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However, the pandemic pressured momentary closures of both its factories and dealerships at various points in the course of the 12 months. However, the corporate did spotlight glimmers of hope in an improved ultimate quarter of 2020 thanks to gross sales of its new DBX SUV, with revenues three% higher than the identical interval in 2019, earlier than the pandemic. The carmaker on Thursday reported a £466m loss before tax for the year, compared with a £120m loss in 2019, as sales slumped and it wrote off practically £100m of investments in now-deserted merchandise such as the Rapide electric automobile. Market & Company NewsA complete daily news service of over 300 market and company tales from our own StockMarketWire group and the RNS. It is prohibited to make use of, store, reproduce, display, modify, transmit or distribute the info contained in this website with out the explicit prior written permission of Fusion Media and/or the data supplier. All intellectual property rights are reserved by the providers and/or the change providing the info contained in this web site.

LSE doesn’t assure the accuracy, timeliness, completeness, performance or health for a specific purpose of the webpage or any of the Information on it. No responsibility is accepted by or on behalf of the LSE for any errors, omissions, or inaccurate Information on this webpage. Stroll said he was “extremely happy with the progress so far despite working in these most difficult of times”. 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.

Month Aston Martin Lagonda Glo .. Chart

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