Aston Martin Gains Some Footing In 2013
Aston Martin saw its pretax loss fall by a third in 2013 to £25.4 million ($41 million) over the same period in 2012.
Reuters reports the drop was backed by an 12.6 percent increase in revenue in 2013, topping out at £519 million ($839.5 million). Sales also increased that year, with 4,200 units sold worldwide over 2012’s 3,800.
Though still on shaky ground — especially in light of U.S. safety regs threatening to block further imports, as well as a February 2014 recall of 17,690 over counterfeit plastic parts from a Chinese supplier — the automaker is moving toward its goal of profitability, with new CEO and former Nissan exec Andy Palmer leading the way. According to CFO Hanno Kirner, that goal would be reached as early as 2016, thanks to a £500 million ($808.8 million) investment program.
I am curious if Aston Martin will bring out a Hybrid variant (ala Ferrani) or go full force EV, like Tesla. Maybe that will assist in getting around the US regs and build some kind of futureproof into their car line up
For a brief second I thought that picture was the new Mustang... Damn, that Aston is a good looking car and good for Ford using the A-M look http://files.americanmuscle.com/wp-content/uploads/2014/02/2015-Black-Ford-Mustang.jpg
I realize A.M. is looking at a deal with Daimler, but its a pity they simply don't buy V8 drivetrains from Ford or GM. If Aston's customers, who can afford a new Mercedes, would not mind a Daimler powertrain in their Aston Martin then I think they would not mind an GM/Ford/FCA unit either. Aside from lower costs, the other benefit to such an arrangement is the fact the Aston Martins actually have a shot at becoming classics as opposed to junkyard fodder in ten or fifteen years..