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The Latest Breaking News from Aston Martin Lagonda

Aston Martin axing up to a fifth of workers as losses widen

The luxury car maker said it would reduce its 2,800-strong global workforce by up to 20%, after 170 jobs were cut at the start of last year.

Evening Standard

Luxury carmaker blames US tariffs and slashes investment plans by £300m

The firm said its quarterly operating loss more than doubled to £56.1 million for the period

The Independent UK

Luxury carmaker blames Trump tariffs as profits stall

The firm limited shipments to the US after Donald Trump imposed a 25 per cent tariff on car imports

The Independent UK

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Aston Martin set to slump to a loss as US tariff impact bites

The luxury carmaker also raised worries over the impact on the wider supply chain from the crisis at Jaguar Land Rover in the aftermath of its hack.

Evening Standard

Aston Martin Limits US Car Imports Due To Tariffs

British luxury carmaker Aston Martin Lagonda said Wednesday that it is limiting shipments to the United States after US President Donald Trump slapped 25-percent tariffs on car imports.

International Business Times

Cowell: “Business as usual” for Aston Martin in Japan after stake sale plan

Aston Martin team principal Andy Cowell insists he has no concerns over the long-term future of the team despite news that Aston Martin Lagonda is planning on selling its stake in the Formula 1 outfit.

Autosport

FTSE 100 Live 30 October: Next forecasts £1bn profit, GSK vaccine sales weakness hits shares

A £1 billion profits landmark for Next and strong trading at Standard Chartered today provided FTSE 100 cheer during another painful session for GSK investors.

Evening Standard

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Aston Martin To Make Petrol Cars 'For As Long As Allowed'

British luxury carmaker Aston Martin Lagonda will continue to produce traditional combustion-engine vehicles for as long as legally possible, its boss told UK media this week.

International Business Times

Aston Martin Poaches Bentley CEO In New Shake Up

British luxury car brand Aston Martin Lagonda on Friday said Adrian Hallmark would become its chief executive, poaching him from German-owned peer Bentley where he has stepped down as CEO. Hallmark, 61, will take the wheel at Aston Martin by October 1, replacing Italian national Amedeo Felisa, who since May…

International Business Times

How Aston Martin has begun preparations for its delayed Hypercar programme

It was in the summer of 2019 when Aston Martin first announced its plan to build a Hypercar to the World Endurance Championship’s LMH rules.

Autosport

Aston Martin in talks to tackle £1.1 billion debt pile

Aston Martin Lagonda is negotiating with bankers to address a looming debt pile, according to Executive Chairman Lawrence Stroll, with the company’s near-term liabilities amounting to roughly £1.1 billion.

Evening Standard

Aston Martin makes electric part switch away from Mercedes

Mercedes will no longer be able to up its shareholding to 20% as part of the deal

Evening Standard

Geely Now Owns 17 Percent Of Aston Martin Lagonda

It has more than doubled its stake in the sports car marque.

Motor1

FTSE 100 Live: Persimmon, Aston Martin and Just Eat post results, house prices fall

Persimmon, Just Eat Takeaway, Aston Martin Lagonda and Reckitt Benckiser are among companies reporting today as the annual results season continues.

Evening Standard

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The Guardian - UK

Britishvolt: how Britain’s bright battery future fell flat

Startup that hoped to transform UK car production was once valued at more than £800m, but collapsed worth a tiny fraction of that

The Independent UK

China's Geely buys 7.6% stake in Aston Martin Lagonda

Geely Holding Group, one of China’s biggest independent automakers, has bought a 7.6% stake in British luxury brand Aston Martin Lagonda and says it looks forward to potential opportunities to collaborate

Motor1

Geely Buys 7.6 Percent Stake In Aston Martin Lagonda

It's not known how much the Chinese automotive conglomerate paid.

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