Aston Martin Tumbles as Brexit Hurts Sales After Pricey IPO

British customers holding back on purchases, CEO Palmer says
Stock trails below listing valuation as investors unconvinced

Aston Martin beat its 2018 car-sales target and predicted 7,300 sales this year. Bloomberg’s Tom Lavell reports.(Source: Bloomberg)

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By Christopher Jasper

February 28, 2019 at 8:27 AM UTC

Updated on

February 28, 2019 at 2:21 PM UTC

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Aston Martin fell the most since its controversial initial public offering last year as the luxury carmaker said some U.K. and European buyers are delaying purchases amid uncertainty around Brexit.