Hyperdrive
Aston Martin’s Most Powerful SUV Underpins Second-Half Optimism
- UK manufacturer sees strong demand, supply problems easing
- Carmaker says over 350 DBX707s were held up by parts issues
This article is for subscribers only.
Aston Martin Lagonda Global Holdings Plc expects increased luxury-car sales in the second half of the year after hundreds of its sport utility vehicles were held up by parts shortages.
Aston projected positive free cash flow for the back half of the year as the manufacturer works out kinks in its supply chain. The company ended June with more than 350 of its DBX707 SUV awaiting parts and expects deliveries of the roughly 700-horsepower model to help it meet annual targets.