Aston Martin suffers losses

Aston Martin reported a post-tax loss of nearly $40 million in 2013 and the situation does not seem to get any better this year.

Aston Martin reported a post-tax loss of nearly $40 million in 2013 and the situation does not seem to get any better this year.

In 2013, the carmaker produced 4,200 sports cars, up from 3,800 in 2012. Noteworthy is the fact that the company lost $9,700 on each model. But that occurred due to a recall of 18,000 cars and a rather unsuccessful debut of the Cygnet model.

In the nearest future, the company will see a serious update of the model range and an injection of new investments. In addition, a new leader has stepped in — Nissan's former executive vice president Andy Palmer, who tends to cooperate with Mercedes-Benz.

The company’s experts expect Aston Martin to make a significant return to profitability after 2016.

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