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Motor1
Motor1
Business
Brian Silvestro

Aston Martin Is Burning Through $1.8 Million a Day

  • Aston Martin has spent over half a billion dollars this year, or around $1.8 million per day.
  • The company has posted a pre-tax loss of $295 million following supply disruptions and weakening China demand.
  • Production forecasts were cut by roughly 1,000 vehicles at the end of September.

Aston Martin isn't in a very good place right now. Last week the British carmaker revealed a third-quarter loss of £10.3 million ($13.4 million) before taxes. While that beat estimates, the persistent losses mean that Aston has burned through $509 million this year, or over $1.8 million per day.

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