Luxury car maker pins hopes on new hybrid supercar after more losses
1 Views · 7/29/2026
Ever thought Aston Martin was rolling in cash? Think again. The luxury carmaker is navigating rough financial waters, pinning turnaround hopes on the new Valhalla plug-in hybrid.
Q2 pre-tax losses hit £88.7m (up from £61.2m last year), H1 total deficit £154.2m—though operating losses narrowed slightly. Bright spots: 220 Valhallas sold, expected order surge; H1 revenues up 38% to £628.6m, wholesale sales +21%.
US tariffs, China luxury taxes, Middle East conflict hinder plans. They secured £550m funding and cut 600 jobs. CEO targets better financials, but will Valhalla be enough to bounce back?
Q2 pre-tax losses hit £88.7m (up from £61.2m last year), H1 total deficit £154.2m—though operating losses narrowed slightly. Bright spots: 220 Valhallas sold, expected order surge; H1 revenues up 38% to £628.6m, wholesale sales +21%.
US tariffs, China luxury taxes, Middle East conflict hinder plans. They secured £550m funding and cut 600 jobs. CEO targets better financials, but will Valhalla be enough to bounce back?
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