Aston Martin losses exceeds £100m as luxury car maker warns of coronavirus impact on China deals

Aston Martin losses exceeds £100m as luxury car maker warns of coronavirus impact on China deals

Aston Martin Lagonda has warned coronavirus has the potential to impact on demand and supply in China – its fastest growing market – as it posted widening annual losses and confirmed a £500 million investor cash call.

The luxury car maker reported pre-tax losses of £104.3 million for 2019, against losses of £68.2 million a year earlier.

It said while it has not yet seen any impact on production…

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