Aston Martin has issued its second earnings warning in as many months - and is now looking to raise cash.
The shortfall was blamed on a “minor” production delay for its limited-edition Valiant sports car, which means only half of the 38 planned models will be delivered by the end of the year.
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As a shareholder the continuing statements about a better future are wearing a bit thin. Think they have done a good job in many ways - de-stocking dealers, higher price point per car delivered, complete re-fresh of the range - but we do need to see some evidence of financial success as well as positive road tests. OK maybe they are not the UK's Ferrari but the valuation now is absurd.