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Zhejiang Geely Holding Group said on Friday it purchased a 7.6% stake in British luxury automaker Aston Martin. The deal value was not revealed. The stake is valued at 7.55
Aston Martin
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Aston Martin is raising 575.8 million pounds ($668 million) in a rights issue as significant investors including Saudi Arabia’s sovereign wealth fund keep faith with the automaker. The automaker said
Aston Martin on Wednesday named former Ferrari CEO Amedeo Felisa as its new CEO as the British luxury automaker works on emulating the Italian automaker’s success and focusing on electrification.
Aston Martin said sales to dealers increased 82% in 2021, even as the British luxury automaker forecast lower-than-expected annual adjusted core revenues because of delays in shipments of its limited-edition
Aston Martin is suing a Swiss car dealer Nebula over payments. The automaker says withheld customer payments for its $3 million Valkyrie sports car, putting an end to commercial ties
Aston Martin is soon going to have new dealerships in multiple European locations, after signing agreements with six new dealer partners. The automaker’s transformation plan ‘Project Horizon’ identified a need
Luxury automaker Aston Martin posted a smaller first-quarter loss in 2021 of 42.2 million pounds ($58.7 million) and said it will keep taking steps towards profitability, as its sales to
The Concours of Elegance continues to be the UK’s top concours d’elegance and among the top three in the world. The Concours of Elegance, presented by A. Lange & Söhne,
Aston Martin said on Friday its shareholders approved a plan to invest 125 million pounds ($168.09 million) in new capital as the automaker attempts to turnaround its loss-making business. The
Daimler owned Mercedes-Benz is to lift its stake in the luxury automaker, Aston Martin, to up to 20% by 2023, making it one of the automaker’s largest shareholders, Aston Martin
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