Aston Martin has been in the news due to financial challenges, including deep uncertainty that led to a sovereign wealth fund taking full control of the British luxury car manufacturer. This change followed the company's decision to cut production targets due to delays in new model production. In contrast, Jaguar Land Rover, a competitor in the luxury car market, posted record sales and profit during the same period.
Aston Martin Lagonda Global Holdings plc is a renowned British independent manufacturer of luxury sports cars and grand tourers. Established in 1913 by Lionel Martin and Robert Bamford, the company gained prominence under the leadership of David Brown from 1947. Known for producing expensive grand tourers, Aston Martin has a rich history in the automotive industry and is celebrated for its high-performance vehicles that blend luxury with speed and style.