Latest Breaking News On - Aston martin executive chairman - Page 2 : vimarsana.com

The luxury carmaker, which had the capacity to sell 10,000-15,000 models a year, will likely sell "maybe 17 (thousand) at its peak in years to come," FT quoted Aston Martin Executive Chairman and top shareholder Lawrence Stroll as saying. Aston Martin is set to drop official targets for sales when it sets out mid-term targets on Tuesday, and will focus instead on cash flow, margin improvements and revenue targets, according to the newspaper. In March, Aston Martin said that it expects profitability to improve this year and to turn free cash flow positive in the second half as it begins deliveries of its next-generation sports cars in the third quarter, forecasting wholesale volumes of about 7,000 units for 2023.

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