Skip to content

Aston Martin’s Debut SUV Helps Quadruple Carmaker’s Revenue

  • The $180,000 DBX was more than half of six-month deliveries
  • Billionaire chairman has injected cash, hired new management
The Aston Martin DBX SUV.
The Aston Martin DBX SUV.Source: Aston Martin Lagonda Global Holdings Plc.
Updated on

Aston Martin Lagonda Global Holdings Plc. more than quadrupled revenue last quarter as the the carmaker ramped up sales of its first-ever sport utility vehicle.

The $180,000 DBX paced a revenue surge to 274.4 million pounds ($381 million) from 57.2 million pounds a year ago, beating analysts’ average estimate. Adjusted earnings also exceeded expectations.