Global car industry revenue hit $100bn by pandemic
6th Apr 2020 10:42
(Sharecast News) - The Covid-19 coronavirus is severely impacting consumer and business behaviour and threatens to erase around $100bn in global full-year revenues from the automotive industry with UK car sales having already fallen 44.4% in the key month of March.
Read moreFTSE 250 movers: Aston Martin rockets after listing shares, Plus 500 adds to gains
1st Apr 2020 15:38
(Sharecast News) - Britain's second-tier index incurred hefty losses, retreating by 3.87% to 14,516.34.
Read moreAston Martin closes factories as Covid-19 threatens performance
24th Mar 2020 13:16
(Sharecast News) - Aston Martin Lagonda said it would stop production at its UK factories for almost four weeks as the company warned the Covid-19 crisis was a threat to its financial performance.
Read moreStroll consortium ups Aston Martin cash injection
16th Mar 2020 08:26
(Sharecast News) - Luxury car maker Aston Martin was under the cosh after it announced late on Friday that it had reduced its rights issue price and that a consortium led by Canadian Formula 1 billionaire Lawrence Stroll had agreed to up its cash injection by ?20m to keep the company in business.
Read moreAston Martin losses widen as car maker warns on coronavirus
27th Feb 2020 07:58
(Sharecast News) - Troubled UK luxury car maker Aston Martin reported a widened full year loss, the departure of its financial officer and warned that the coronavirus could impact demand in its key China market.
Read moreFTSE 250 movers: Wizz Air and PPHE Hotels hammered, Aston Martin hits 52-week low
24th Feb 2020 14:24
(Sharecast News) - Shares on the second tier index were roiled at the start of the week, with travel and commodity issues hammered, sending the second tier index 3.15% lower as of 21,093.44, although precious metals miners and a handful of assorted other stocks were holding their head above water.
Read moreCiti sees 'highly favourable' risk-reward profile in Aston Martin
3rd Feb 2020 14:31
(Sharecast News) - Citi stood by its 'buy' recommendation and 600.0p target price on Aston Martin stock following the carmaker's announcement of a capital increase.
Read moreAston Martin rallies on rescue deal
31st Jan 2020 09:07
(Sharecast News) - Aston Margin Lagonda shares rallied on Friday after it said that a consortium led by Canadian billionaire Lawrence Stroll will inject £182m into the company in return for a 16.7% stake.
Read moreAston Martin set to choose between funding from Geely or Lawrence Stroll
30th Jan 2020 18:23
(Sharecast News) - Aston Martin has convened a board meeting to decide on an emergency fund raising round.
Read moreAston Martin needs to raise 'at least' ?400m of fresh equity, says Jefferies
15th Jan 2020 12:21
(Sharecast News) - Aston Martin Lagonda was under pressure on Wednesday as Jefferies said the luxury car maker would need to raise "at least" £400m of fresh equity.
Read moreAston Martin jumps on news of possible investment by Geely
10th Jan 2020 16:05
(Sharecast News) - Shares of Aston Martin sped higher at the end of the week following news that China's Geely had held talks with the iconic carmaker's management regarding a potential investment.
Read moreWednesday broker round-up
8th Jan 2020 13:12
(Sharecast News) - Elementis: Jefferies downgrades to hold with a target price of 190p.
Read moreDeutsche Bank stays at 'hold' on Aston Martin debt after St.Athan opening
9th Dec 2019 15:20
(Sharecast News) - Deutsche Bank's Richard Phelan reiterated his 'hold' on Aston Martin's medium-term notes following the carmaker's official launch of its new manufacturing site at St.Athan.
Read moreFTSE 250 movers: Tullow tanks, Centamin shines
9th Dec 2019 14:03
(Sharecast News) - London's FTSE 250 was 0.41% lower at 20,846.51 in afternoon trade on Monday, with Tullow Oil leading the index downward.
Read moreCanada billionaire Lawrence Stroll mulls Aston Martin stake - report
5th Dec 2019 10:58
(Sharecast News) - Aston Martin Lagonda shares rallied on Thursday following a report that Canadian billionaire Lawrence Stroll - father of Formula 1 driver Lance Stroll - is preparing to make a bid for a major stake in the luxury car maker.
Read more