Top British luxury carmaker

Aston Martin Losses Takes Nose Dive Despite Rising Car Sales

Aston Martin Losses Takes Nose Dive Despite Rising Car Sales

Top British luxury carmaker, Aston Martin Lagonda has revealed on Wednesday that its third-quarter net losses had taken a nose dive with more than doubled supply-chain disruptions and some other offsetting accelerating sales.

The losses had also been reported after the tax hit £228 million ($262 million) in the three months to the end of September, after a shortfall which had been recorded and reported to be of almost £90 million a year earlier, according to the group which is targeting the electrification of its range.

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Some of the …