The luxury car group—one of the world’s biggest sports car brands— said it was hit by a drop in demand across Europe, Asia, Africa and the Middle East and a fall in wholesale volumes.
: Luxury car group Aston Martin Lagonda posted a $17 million loss in its third-quarter amid “tough trading conditions,” CEO Andy Palmer said, with demand and wholesale sales to dealerships falling as the global car industry continues to struggle.
Wholesale demand also weakened for its year-old Vantage model, a $150,000 two-seater sports car that helped to double wholesale orders last year.
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