Aston Martin shares shaken
Aston Martin shares shaken after profit warning
Luxury carmaker Aston Martin's share price sank more than 20% after it said profits will be lower than expected this year. The company, famed for its links to fictional superspy James Bond, has been hit by supply chain issues and falling sales in China.
Aston Martin shares fall 25% after warning blamed on supply disruptions, China
The British car manufacturer said it expects to sell 1,000 fewer cars than previously anticipated due to delays at several of its suppliers
Aston Martin warns of lower profit on supply chain, China woes
Aston Martin on Monday warned of lower annual core profit and cut its forecast for production volumes on supply chain disruptions and weakness in China, sending shares 8% lower in early trade.
Stellantis and Aston Martin blame weaker China demand for profit warnings
The Stellantis warning marks a sharp reversal in fortune for the world’s fourth-biggest car manufacturer, raising the pressure on chief executive Carlos Tavares at a time when the company is also launching a search for his successor in 2026.
Aston Martin warns on production numbers and earnings following "disruption"
The company said wholesale volumes this year “are now expected to decline by high single digit percentage compared with 2023”
Aston Martin plunges as supply woes prompt profit warning
SHARES of Aston Martin Lagonda Global plunged after the luxury sports-car maker lowered its guidance for the year, blaming supply chain disruption and weak demand in China. Read more at The Business Times.
Aston Martin Warns on Profits
Aston Martin cut its full-year profitability guidance and said supply-chain disruptions and weak demand in China will hurt delivery volumes, making it the latest car company to warn on its outlook.
Stellantis and Aston Martin shares drop sharply after profit warnings amid China woes
Stocks of European carmakers hemorrhaged early on Monday as Stellantis and British luxury brand Aston Martin issued profit warnings.
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