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Aston Martin

Aston Martin stock soars as US eases car tariffs ahead of trade deal with º£½ÇÊÓƵ
By City AM
The FTSE 250 stock was up ten per cent in the early afternoon, after reports that US car tariffs on the º£½ÇÊÓƵ would ease.
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Aston Martin limits exports to US over new tariffs
Aston Martin
Move by sports car maker follows President Trump's imposition of 25 per cent tariffs on cars imported into the US
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Aston Martin at risk of takeover as Canadian billionaire Lawrence Stroll boosts stake
By City AM
The Yew Tree Consortium, the investment vehicle of Lawrence Stroll, has said it will pay 70p a share for 75m shares in the British car manufacturer, a 7 per cent premium to the closing share price on Wednesday
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Aston Martin to pay top bosses more than peers after struggling to attract talent
By City AM
The Warwickshire-headquartered luxury car maker is proposing to increase the bonus opportunities for its chief executive and chief financial officer from 200 per cent to 250 per cent of their salaries
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Aston Martin announces job cuts of 170 staff as part of cost-saving measures
By City AM
The luxury carmaker said the job cuts will save the business around £25m. It comes as the business reported wider full-year losses of £289.1m and a three per cent drop in revenue, to £1.58bn
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Aston Martin raises over £200m as it looks to recover from profit warnings
Aston Martin
The luxury car maker has secured £111million in equity from investors and £100m from secured notes which it intends to invest in its electrification strategy
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Aston Martin reports significant loss reduction and revenue growth amidst supply chain woes
By City AM
The Warwickshire-headquartered luxury car maker has reported a pre-tax loss of £12.2m for its third quarter, down from the £117.6m loss it posted during the same three-month period in 2022.
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Katherine's Florist in Newcastle sold to new owners after half a century in same family
Retail & High Street
New owners have taken charge of the popular business which has sites in Gosforth and Newcastle city centre
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Zerolight narrows losses and outlines 'significant transformation'
Automotive
The Newcastle tech firm provides 3D visualisation to companies in the automotive and other sectors
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Aston Martin secures £135 million in new funding to boost production capabilities
By City AM
Net proceeds from the offering are expected to be used by Aston Martin to repay borrowings under its existing super senior revolving credit facility.
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Aston Martin loses over £200m as demand for luxury models reverses
By City AM
The Warwickshire-headquartered company has reported a pre-tax loss of £216.7m for the six months to June 30, 2024, compared to the loss of £142.2m it reported during the same period in 2023.
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Aston Martin strikes new pay deal with union and staff
Aston Martin
º£½ÇÊÓƵ sports car brand has agreed terms for the next two years including deal with manufacturing technicians
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Aston Martin plans new £10m dealership
West Midlands
º£½ÇÊÓƵ sports car brand is opening the showroom later this year in the West Midlands
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Unity Trust Bank and Tyseley Energy Park among West Midlands recipients of a King's Awards for Enterprise 2024
West Midlands
There are 22 companies from this region which have won the prestigious awards for business excellence as the scheme celebrates its 58th year
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Bentley chief to take over at Aston Martin
Aston Martin
Adrian Hallmark will join the sports car manufacturer later this year
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Wales Week in London 2024 launches with a programme of more than 120 events
Wales
Since launching in 2017 some 600 events have attracted 70,000 attendees
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º£½ÇÊÓƵ car maker Aston Martin creating 150 new jobs at South Wales factory
Aston Martin
It is also creating 250 roles at its Gaydon HQ
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West Midlands business review of 2023 - part one: new future for old John Lewis, station revamp delayed and TV studios launch
West Midlands
Our West Midlands Review of the Year kicks off with the news of plans to breathe new life into the old John Lewis store, University station hit by more delays and work starts on Digbeth Loc. Studios
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Why the Welsh manufacturing sector must get a slice of the º£½ÇÊÓƵ Government's £4.5bn pie
Wales
Westminster has announced the fund for "strategic" manufacturing sectors
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Aston Martin downgrades production outlook after delays with new car
Manufacturing
Group says demand for the DB12 remains strong
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Aston Martin launches new recruitment drive at Gaydon HQ
West Midlands
º£½ÇÊÓƵ sports car brand is on the hunt for more than 100 technicians to work on new release of models
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Welsh fabricator to work on Aston Martin's new Formula 1 facility at Silverstone
Aston Martin
The 400,000 sq ft factory will include a wind tunnel and state-of-the-art simulator
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Aston Martin supplier eyes profits after decade-long wait
North West
Surface Transforms has revealed its half-year results
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Aston Martin Valkyrie helps revenue accelerate 240% at major supplier
North West
The company also counts McLaren as one of its key customers
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