Aston Martin’s Growth Fueled by New Models

Aston Martin Lagonda Global Holdings plc (GB:AML) has released an update.

Aston Martin Lagonda reported a 14% year-over-year increase in Q3 2024 volumes, driven by the ramp-up of new models like the Vantage and DBX707, despite a 4% dip in year-to-date revenue due to portfolio transitions. The company is on track to meet its revised full-year guidance, leveraging strong demand for specialty models and vehicle personalization, which boosted average selling prices by 14% to £250k. As Aston Martin continues to manage supply chain disruptions, it anticipates further strengthening of its order book with the introduction of new models, including the V12 Vanquish.

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