GCBC

Aston Martin Brand Sales Data & Reports In Key Markets

The carmaker, which sold 6,400 luxury vehicles last year and has spent heavily on new models, said it would select powertrain components from Lucid for initial and certain future battery electric vehicle (BEV) models. The company said it expected to stop burning through cash in the second half of 2023, and it predicted sales of 7,000 cars in 2023. However, it said the “operating environment remains volatile, including ongoing inflationary pressures and pockets of supply chain disruptions”. It is also planning for 2023 to be its “peak year” for spending under Stroll’s leadership, including what it said was the “final year of significant expenditure associated with our internal combustion engine portfolio”.