Aston Martin Lagonda Global Holdings plc (AML.L)
- Yahoo Finance
EU automakers slip as China threatens retaliatory tariffs on luxury cars
The Chinese government threatened retaliatory tariffs on imports of European Union and US-made vehicles following the EU’s move to investigate Chinese EV subsidies and the White House’s tariff escalation on Chinese-made goods.
- Yahoo Finance UK
Trending tickers: Amazon, AMD, GSK and Aston Martin
The latest investor updates on stocks that are trending on Wednesday.
- Reuters
Aston Martin losses balloon ahead of new model ramp up
(Reuters) -Aston Martin posted a bigger-than-expected first-quarter pretax loss on Wednesday as the British luxury carmaker made fewer cars and burned more cash than analysts anticipated, sending its shares 7% lower. Aston Martin, which has launched several new cars over the past year including its next generation sports cars the DB12 and Vantage, stopped production of old models ahead of the ramp up in production of fresh models later this year. "Our first-quarter performance reflects this expected period of transition," Chairman Lawrence Stroll said.
