Aston Martin has posted a significant icrease in sales for the first half of the year and has also reported some significantly improved financial results.
During the first half of the year, Aston Martin delivered a total of 2,901 vehicles. That is a 224 percent increase (or 2,006 units) compared to the 895 units it shifted in the first half of 2020, although at this time last year we were at the start of the coronavirus pandemic which negatively impacted sales.
Unsurprisingly, the DBX has quickly established itself as Aston Martin’s best-selling model with 1,500 examples being delivered in the first six months of this year. The increased sales and popularity of Aston Martin models in China also played a key role in the company’s H1 successes.
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In total, Aston Martin’s sales were worth £274 million ($381 million) in H1, increasing more than fivefold from last year, The Financial Times reports. In addition, pre-tax losses narrowed to £48 million ($66.9 million) in the three months to June from £117 million (163 million) a year earlier.
Aston Martin has also announced an increase of roughly 25 per cent on the average cost of its vehicles, rising to £151,000 ($210,000).
“The demand we see for our products, the new product pipeline and the quality of the team we have in place to execute, gives me great confidence in our continued success,” Aston Martin chairman Lawrence Stroll said in a statement. “Building on the success of DBX, our first SUV, we have since delivered two more new vehicles and with more exciting product launches to come we are well-positioned for growth.”
