Aston Martin’s profits drop as supply chain disruption scuppers deliveries

Published by
City AM

By Louis Goss Luxury sports car seller Aston Martin today said its losses had more than doubled due to the impact of supply chain disruption in the first half of 2022. Aston Martin said its sales volumes dropped eight per cent from 2,901 in the first half of 2021 to 2,676 in the first half of 2022. The drop came as temporary supply chain shortages hit Aston Martin’s sales, particularly in the second quarter. Most prominently, the supply chain issues cost Aston Martin £80m in Q2, after they slowed the delivery of 350 of the car maker’s DBX707 SUVs in June. The firm said it has now begun deliver…

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