Cars
Aston Martin's New $150,000 Vantage Has Sold Out Its First Year
- CEO hopes V8 will help British firm compete with Ferrari
- Luxury carmaker posts fourth straight profitable quarter
Aston Martin Lagonda Ltd.’s $150,000 Vantage model has already sold out almost all of its production capacity for next year, just days after the British carmaker started selling the luxury sports car.
Aston Martin began selling the hand-built car, equipped with a 4-liter V8 engine, to private customers over the past few days, and 80 percent of them have already bought it, Chief Executive Officer Andy Palmer said in an interview Tuesday, a day before the company reported its fourth straight profitable quarter. The first deliveries are scheduled to arrive in the second quarter of 2018.