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Aston Martin Is Delivering Something Rare These Days: Good News

The company is on track to beat sales records for the year, and there is a plan to reach profitability. 

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Source: Aston Martin

A triple-digit sales increase this year hasn’t managed to bail it out of multimillion-dollar profit losses, but for the first time in a long time, Aston Martin might be on the upswing.

On Aug. 24 financial regulators announced they’d found no wrongdoing after allegations of insider trading between Aston Martin Lagonda and Daimler AG. The investigation by Germany’s Federal Ministry of Finance (known as BaFin) had examined the purchase of a stake in Aston Martin by Mercedes-Benz’s Formula One boss, which was suspicious because of the relationship between the two brands. Daimler, the parent company of Mercedes, owns a minority stake in Aston Martin.