Aston Martin has adjusted its forecasts for 2022 after mounting financial losses in Q3 but says it remains on track with its ambitious growth plans.
The sports car firm's latest results come in the wake of a £654 million fundraising round that included substantial cash contributions from the Saudi Public Investment Fund (PIF), existing shareholder Mercedes-Benz and – more recently – Chinese automotive giant Geely Holdings.
Over the three months to the end of September, Aston sold 1384 cars – up 3% on the same quarter last year – and generated £316m in revenue, a 33% increase.
