Aston Martin ramped up sales of its new sport utility vehicle in China, helping the luxury carmaker beat forecasts in the second quarter as it shrugged off the auto industry’s chip crisis.
Pre-tax losses narrowed to £48m in the three months to June, from £117m a year earlier. Sales jumped to £274m, increasing more than fivefold.
More than half of the 2,900 vehicles sold in the first half of the year were the DBX, Aston Martin’s first SUV, helping to boost total sales in Asia-Pacific by 440 per cent to 811 units compared with a year earlier.
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