Mexican Media Brands
Aston Martin Reports Sales, Revenue Gains
Aston Martin Holdings Ltd. reports its revenue grew 13% to 519 million (€630 million) in 2013, and unit sales rose 11% to about 4,200 cars.
#economics
Share
Aston Martin Holdings Ltd. reports its revenue grew 13% to 519 million (€630 million) in 2013, and unit sales rose 11% to about 4,200 cars.
The British maker of luxury sports cars says its pretax earnings climbed 22% to 85 million (€103 million). The company did not announce net earnings.
The 101-year-old carmaker declares itself on a "solid foundation" in part because of its technological partnership with Daimler AG, now its 4% owner. Daimler gained the stake by agreeing to supply Aston Martin with engines. The German company is expected to increase its holding to 5% in exchange by expanding its parts sharing to electronics and other components.
RELATED CONTENT
-
Report Forecasts Huge Economic Upside for Self-Driving EVs
Widespread adoption of autonomous electric vehicles could provide $800 billion in annual social and economic benefits in the U.S. by 2050, according to a new report.
-
What Suppliers Need to Know Right Now
This is a time of reckoning for the auto industry, says Paul Eichenberg. He has some recommendations as to how companies can make their way through it.
-
All About the 2018 Honda Accord
The common wisdom seems to be that midsize cars have pretty much had it in the U.S. new car market.