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In Money Matters

The Aston Martin will not sell expected 6300 vehicles this year

7th November 2019

The Aston Martin will not sell expected 6300 vehicles this year Pin It

The Aston Martin luxury car maker warned in its quarterly update that the demand for cars remains weak. This is especially the case in Europe and the United Kingdom. The cars of Aston Martin, known as the favorite cars of secret agent James Bond, are rolling out of the showrooms in lesser numbers this year, the car manufacturer expects.

The group previously expected to sell between 6,300 and 6,500 vehicles this year, but that forecast seems too ambitious now. How much lower the sales were, the company did not make exact, but according to Aston Martin, market expectations will still be met. In the first nine months of the year, the car manufacturer carried 3939 cars. That is 3 percent less than in the same period a year ago.

Despite the difficult market conditions, sales increased to more than 250 million pounds, converted to 290 million euros. The newer models DBS Superleggera and Vantage in particular were appreciated by consumers. The gross profit plummeted by almost 60 percent to 10.5 million pounds.

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