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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.
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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.
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