Hyperdrive
Aston Martin Cuts Annual Delivery Outlook on Supply-Chain Issues
- Problems temporarily affected output of DB12 sports car
- Wholesales up in Americas, Europe but down 57% in China
Aston Martin’s adjusted operating loss was £48.4 million.
Photographer: Chris Ratcliffe/BloombergThis article is for subscribers only.
Aston Martin Lagonda Global Holdings Plc lowered its annual delivery outlook after supply-chain issues hampered output of its new DB12 sports car during the third quarter.
The British luxury-car maker now expects to ship around 6,700 vehicles this year, down from around 7,000 previously. While wholesales grew in regions including the Americas and Europe, they slumped 57% in China in the first nine months of the year.