SUVs are, of course.
Aston Martin suffered serious financial losses in the first half 2020. This was just one year ago. This was not surprising given the current global pandemic. We are pleased to report that the British exotic car manufacturer is slowly recovering from the crisis. Sales for the brand’s first six months in 2021 showed a 224 percent increase and that only one model was responsible for more than half.
Aston Martin has increased its sales by 2,006 over the same period in 2020, with 2,901 deliveries. The company’s revenue increased by 242 percent from PS146 million up to PS498.8million, or PS146 million. Pretax loss decreased from PS227 millions last year to $91million between January and June.
Aston Martin is happy to explain that more than 1,500 DBX examples were delivered in H1 2021, accounting for more than half the overall sales of the marque. The luxury SUV-classic has been in production since July 2013 and is already Aston’s most popular model.
“The demand for our products, our new product pipeline, and the quality team we have in place, gives me great confidence that our continued success is possible,” Lawrence Stroll (Aston Martin chairman), stated in an official statement. Automotive News quoted him. We are confident that we can continue to grow, building on the success of DBX (our first SUV), and with exciting product launches ahead, we will be able to deliver two more vehicles.
Stroll refers to the Valhalla, and the Valkyrie Hypercar. This latter product could prove to be a problem for the brand. However, with a starting cost of more than PS600,000., it should pay off quickly.