Aston Martin will cut 170 jobs, or around 5% of its global workforce, as it faces mounting losses and announces a strategic pivot towards “delivering financial sustainability”. The UK luxury brand has also delayed the launch of its first-ever electric vehicle until later in the decade, and will instead prioritise its mid-engined plug-in hybrid, codenamed ‘Valhalla’.
Subscribe to Automotive World to continue reading
Sign up now and gain unlimited access to our news, analysis, data, and research
Already a member?
