Aston Martin confirms exit of CEO Palmer
26th May 2020 07:02
(Sharecast News) - Luxury car maker Aston Martin confirmed the departure of chief executive Andy Palmer and his replacement by Mercedes-AMG boss Tobias Moers.
Read moreAston Martin pulls guidance as Q1 losses widen
13th May 2020 07:55
(Sharecast News) - Luxury car maker Aston Martin pulled its guidance on Wednesday as it posted a widening of its losses in the first quarter due to the coronavirus outbreak.
Read moreAston Martin shares slide after Peel Hunt downgrade
12th May 2020 10:56
(Sharecast News) - Aston Martin Lagonda slid as Peel Hunt downgraded its rating on shares of the luxury car maker to 'reduce' from 'hold' ahead of its first-quarter results on Wednesday.
Read moreAston Martin to reopen Welsh plant after Covid-19 shutdown
23rd Apr 2020 10:34
(Sharecast News) - Aston Martin Lagonda is to reopen its manufacturing plant in St Athan, south Wales, the luxury car maker said on Thursday.
Read moreAston Martin boss focuses on SUV, factory reopening
20th Apr 2020 08:55
(Sharecast News) - Aston Martin shares soared on Monday as the luxury carmaker completed a cash raising and new boss Lawrence Stroll issued a bullish message on getting its new sports utility into production.
Read moreGlobal 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.
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