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Aston Martin Lagonda seeing light at end of the tunnel
Lawrence Stroll's Aston Martin Lagonda reported that in 2021 their losses were substantially less than the hefty knock of the previous year, pointing to the Formula 1 team as a boost to its image. This Is Money reports that Aston Martin 'saw losses shrink in 2021 as sales rebounded, with the carmaker expecting 2022 to be a ‘year of growth' amid strong demand for its hypercars and SUVs. 'The British auto manufacturer reported a £77-million (98-million) operating loss in 2021, compared to a loss of £323-million (385-million) in 2020, with revenues rising 79 per cent to £1.1-billion (1.3-billion). 'Sales to car dealers jumped 82 per cent to more than 6,170 vehicles despite supply...
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2y ago from GrandPrix247.com
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