British sports car maker will quadruple its loss in 2020. Aimed for this year sales plus and first steps towards profitability.
The British sports car manufacturer Aston Martin, badly shaken by the corona crisis, posted deep red numbers in 2020. Before tax, a loss of 466 million pounds (542 million euros) was made, after a loss of 119.6 million in the previous year.
However, the Aston Martin Board of Management expressed confidence that the group restructuring in 2020 laid the foundation for future growth. In the current year he is aiming for sales growth and first steps towards profitability.
The management of the legendary brand, which gained notoriety through numerous appearances in James Bond films, also relies on new models. The demand for the first luxury SUV, Aston Martin DBX, is strong and opens up a lucrative market segment, it is said.
