Aston Martin Posts Another Loss as Carmaker’s Debt Swells

Aston Martin Lagonda Global Holdings Plc reported another quarterly loss as billionaire Lawrence Stroll’s consortium put up a further £50 million ($68 million) in an attempt to ease the pressure on the embattled carmaker.

The British company’s pretax loss narrowed slightly to £65.5 million in the first quarter from a year earlier, it said Wednesday. Net debt swelled to £1.46 billion, underscoring the challenge it faces.